Yellow Card, a leading global stablecoin infrastructure provider, has been accepted into the second cohort of Ghana's regulatory sandbox for virtual asset service providers, reaffirming its ongoing engagement with the country's regulatory authorities.
The admission comes as Ghana continues to build out its Virtual Asset Service Provider framework following the passage of the VASP Act in December 2025. The Securities and Exchange Commission admitted its first cohort of virtual asset service providers into the regulatory sandbox in March 2026 , launching a 12-month pilot programme under the country's VASP Act.
Gillian Darko, Vice President of Strategy at Yellow Card, said the company was proud to be building in Ghana alongside the SEC and the Bank of Ghana.
"Ghana is one of the most important markets in Africa's digital finance story, and we're proud to be building here alongside the SEC and the Bank of Ghana," she said. "This is just the start of what we expect will be a long and productive partnership with Ghana's regulators as the legal framework for digital assets continues to take shape."
The West African country is a critical hub for cross-border commerce, where banks, fintechs and multinational businesses are increasingly turning to stablecoin-based settlement to move funds faster and more predictably than traditional correspondent banking allows. Sandbox participation gives Yellow Card the ability to test its stablecoin payment, fiat settlement and wallet infrastructure in Ghana under direct regulatory supervision.
The sandbox adds to Yellow Card's growing regulatory portfolio, which includes the first VASP licence ever issued on the African continent, in Botswana. Ghana's sandbox represents one piece of that broader strategy, deepening Yellow Card's presence in a market it views as central to the future of digital finance in West Africa and beyond.
Yellow Card has facilitated over $10 billion in transactions across its network and supports more than 50 currencies . The company holds licences, authorisations and registrations in 22 jurisdictions across North America, Europe and Africa.