The Ghana Securities and Exchange Commission designates 11 companies to participate in a 12-month pilot for virtual asset trading.

Techub News, according to Bloomberg, the Ghana Securities and Exchange Commission has designated 11 companies to participate in a virtual asset trading pilot for 12 months, allowing these companies to test products and services in a controlled environment. The companies participating in the pilot include five exchanges: Hyro Exchange, Hanypay, HSB Global, Koinkoin, and WhiteBit; Vaulta, XChain, and Bsystem will participate in global asset tokenization; Africoin will participate in tokenized gold, Blu Penguin will participate in tokenized payment systems, and GoldBod will serve as the custodian for all gold-backed securities. Companies that complete 6 months of pilot participation and whose products and services meet regulatory requirements will receive a formal license.