The Chamber of Digital Assets and Blockchain Innovations (CDABI) has welcomed the entry of Blockchain.com into Ghana’s digital asset market but has raised compliance concerns regarding the platform’s recent marketing activities.
In a statement, CDABI said the arrival of a globally recognised virtual asset platform reflects growing international confidence in Ghana’s regulatory framework for digital assets, particularly following the passage of the Virtual Asset Service Providers Act 2025 (Act 1154).
However, the Chamber noted that Blockchain.com launched a mass consumer-facing marketing campaign in Ghana on March 9, 2026, announcing the start of trading in Ghana Cedis (GHS) and inviting users to submit identity verification documents.
Regulatory Directive
CDABI recalled that on February 20, 2026, the Bank of Ghana and the Securities and Exchange Commission (Ghana) issued a joint directive requiring all Virtual Asset Service Providers (VASPs) to obtain prior authorisation from both regulators before launching mass marketing campaigns targeting Ghanaian consumers.
The Chamber stressed that it was not in a position to determine whether Blockchain.com had obtained the required authorisation, noting that such determinations fall within the mandate of the regulators.
CDABI’s Position
According to the Chamber, the regulatory framework under Act 1154 must apply uniformly to all VASPs operating in Ghana, regardless of their country of incorporation or global profile.
CDABI also highlighted the importance of consumer protection, warning that where the authorisation status of a virtual asset platform is unclear, consumers could face risks the regulatory framework is designed to prevent.
The Chamber further noted that maintaining a consistent compliance environment is important for industry players who have already complied with the regulatory directives at significant operational cost.
Engagement with Regulators and Blockchain.com
CDABI said it has formally written to the Bank of Ghana and the Securities and Exchange Commission to bring the marketing campaign to their attention and request guidance on the matter.
The organisation has also contacted Blockchain.com’s Africa leadership team, inviting the company to engage with the Chamber as a regulatory partner for its operations in Ghana.
Call for Transparency
The Chamber encouraged Blockchain.com to engage promptly with Ghana’s regulators and provide clarification regarding its authorisation status.
It also called on the Bank of Ghana and the SEC to issue public guidance on how the directive applies to international digital asset platforms entering the Ghanaian market.
CDABI said such guidance would provide regulatory certainty for industry players and further strengthen Ghana’s reputation as a well-regulated hub for digital asset innovation in West Africa.
