Accra, Sept. 14, GNA – ProMark Elite Limited and KPMG have entered a strategic collaboration to promote knowledge-sharing, sound regulation and institutional capacity-building to support the growth of Africa’s digital assets market.
The partnership, to be implemented through the Digital Assets Summit Africa (DASA), will bring together policymakers, regulators, financial institutions, investors, technology providers and professional advisers to address emerging issues in the continent’s digital assets ecosystem.
According to the partners in a statement to the Ghana News Agency, Africa’s digital assets agenda had moved beyond interest in emerging technologies to a phase requiring clear regulatory frameworks, stronger institutional capacity and responsible innovation capable of delivering economic value.
They said discussions on digital assets now extended beyond cryptocurrency trading to payment systems, cross-border transactions, tokenisation, financial inclusion, taxation, cybersecurity, consumer protection and financial crime prevention.
The collaboration is expected to provide a platform for stakeholders to examine how digital asset activities should be licensed, supervised, taxed and monitored while protecting consumers and the wider financial system.
ProMark Elite Limited, organisers of DASA, said the summit would serve as a continental forum for central banks, securities regulators, government agencies, banks, fintech companies, academics and investors to examine developments in the digital assets sector.
DASA 2026 is expected to feature the Bank of Ghana, through its Virtual Assets Department, the Securities and Exchange Commission and other key stakeholders in Ghana’s financial sector.
The organisers said the participation of regulatory institutions would place policy development, supervision and market conduct at the centre of discussions.
As Knowledge Partner, KPMG will contribute expertise in financial services, governance, risk management, regulation, taxation, audit and technology to enhance the quality and practical relevance of the summit.
The collaboration is expected to help participants move beyond general discussions to practical decisions and safeguards for developing sustainable digital asset markets.
The partnership comes as Ghana strengthens its regulatory framework for virtual assets.
The Virtual Asset Service Providers Act, 2025 (Act 1154), establishes the legal basis for the registration, licensing and supervision of virtual asset service providers, while the Bank of Ghana has created a dedicated Virtual Assets Department to oversee activities in the sector.
Industry experts say the developments have important implications for banks and financial institutions, particularly in anti-money laundering compliance, customer due diligence, cybersecurity, transaction monitoring, financial reporting, taxation and consumer protection.
KPMG has already contributed to industry capacity-building through its participation in a cryptocurrency training programme organised by the Ghana Association of Banks for compliance, risk and fraud management professionals.
The programme examined digital assets, blockchain technology, regulatory requirements, anti-money laundering measures, fraud prevention and risk management.
According to KPMG, such initiatives are essential because financial institutions may encounter digital asset-related risks through customers, counterparties and payment channels even before offering digital asset products directly.
The firm has also participated in programmes supporting innovation and market testing, including the eCedi Hackathon organised by EMTECH for the Bank of Ghana.
The initiative brought together regulators, financial institutions, developers and fintech companies to test digital currency infrastructure across use cases including merchant payments, government payments, lending, crowdfunding and taxation.
Participants noted that successful implementation of digital asset solutions required more than technological performance, and must also address governance, financial controls, cybersecurity, data protection, accounting and consumer safeguards.
The ProMark-KPMG collaboration will facilitate discussions on critical issues including licensing and supervision of virtual asset service providers, banking controls, taxation, accounting treatment of digital assets, tokenisation opportunities, and the management of cyber and financial crime risks.
The partners said Africa’s digital assets future would depend not only on technology but also on sound policies, strong institutions, effective controls and collaboration between the public and private sectors.
They expressed confidence that DASA would help stakeholders move from interest to implementation while ensuring appropriate safeguards to protect consumers, investors and financial stability,
GNA
Edited By Audrey Dekalu