Ghana’s central bank launches fintech sandbox
Central bank says it will give preference to firms looking to bolster financial inclusion
The Bank of Ghana has launched a new regulatory and innovation sandbox to provide a controlled testing environment for new financial products and services.
In a statement on February 25, the central bank announced it was partnering with US-based technology firm Emtech to set up the sandbox. Emtech has built cloud-based software specifically for central banks.
It said the sandbox would allow financial firms to interact with the central bank to test digital financial products “while evolving
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