Africa’s digital assets agenda has moved beyond interest in new technology. The priority now is to establish clear rules, strengthen institutional capacity and translate responsibl
The report indicates that africa’s digital assets agenda has moved beyond interest in new technology. The priority now is to establish clear rules, strengthen institutional capacity and translate responsible innovation into economic value. The collaboration between ProMark Elite Limited and KPMG, through the Digital Assets Summit Africa, supports this next stage of market development.
It further notes that across Africa, digital assets are becoming part of financial policy, regulatory planning and business strategy. The conversation now extends beyond cryptocurrency trading to payment systems, cross-border transactions, tokenisation, investment, financial inclusion, consumer protection, taxation, cybersecurity and financial crime.
This shift presents opportunities for growth and wider access to financial services. It also raises questions that institutions must answer before adoption can take place at scale. These include how digital asset activities should be licensed, supervised, taxed, accounted for and controlled, as well as how customers and the financial system should be protected.
Progress will therefore depend on coordinated action among regulators, financial institutions, investors, technology providers, businesses and professional advisers. It will also require institutions to link innovation to clearly defined economic needs, accountable governance and controls that are tested before solutions are scaled.
ProMark Elite Limited is the organiser of the Digital Assets Summit Africa (DASA). The summit provides a forum for central banks, securities regulators, government institutions, banks, fintech companies, investors, technology providers, academics and professional advisers to examine the development of digital assets across the continent.
DASA 2026 is expected to include participation from the Bank of Ghana through its Virtual Assets Department, as well as the Securities and Exchange Commission and other institutions involved in Ghana’s financial sector. Their involvement places policy, supervision and market conduct at the centre of the programme.
KPMG’s role as Knowledge Partner is to support the quality and practical relevance of the summit’s content. ProMark provides the convening platform, while KPMG contributes perspectives from financial services, governance, risk, regulation, tax, audit and technology. The partnership is intended to help participants move beyond general discussion towards the decisions and safeguards required as digital asset markets develop.
Ghana has begun moving from broad policy discussion to a formal structure for virtual assets. The Virtual Asset Service Providers Act, 2025 (Act 1154) establishes the legal foundation for the registration, licensing and supervision of virtual asset service providers. The Bank of Ghana has also established a Virtual Assets Department to support the regulation and supervision of participants in the country’s virtual assets ecosystem.
These developments have implications for banks and other financial institutions. Customer due diligence, anti-money laundering controls, transaction monitoring, cybersecurity, financial reporting, tax and consumer protection must be considered together. Institutions also need clarity on how virtual asset activity interacts with existing products, payment channels and risk frameworks.
The next phase will be defined by implementation. Regulation should help boards determine which activities fall within their risk appetite, help control functions understand the safeguards required, and help innovators identify the conditions for responsible market entry.
KPMG’s contributions to digital assets market development
KPMG has contributed to industry learning on digital assets in Ghana. The firm provided technical input to a cryptocurrency training programme organised by the Ghana Association of Banks for Heads of Compliance, Risk and Fraud from member institutions. The programme also included regulatory input from the Bank of Ghana.
The training covered digital assets, blockchain, regulatory considerations, anti-money laundering compliance, fraud prevention and risk management. It enabled banking professionals to examine how virtual asset activity can affect traditional banking operations and the controls needed to manage that exposure.
This type of capability building is important because institutions may encounter digital asset exposure through customers, counterparties and payment flows even before they offer related products themselves.
