African digital asset bodies partner to push regulatory alignment

The Memorandum of Understanding, signed between VACC and CDABI Ghana Chapter, seeks to create what the two organisations described as an “East-West African Digital Asset Corridor” to support regulatory alignment, capacity building, joint research and thought leadership across the continent.

The partnership comes as African countries increasingly develop policies governing cryptocurrencies, blockchain technology and virtual assets amid growing adoption of digital financial services.

Under the agreement, the two organisations will collaborate on policy development, regulatory dialogue, professional training programmes and joint research on virtual asset markets, compliance risks and emerging regulatory trends.

Bill Okello, Director, Virtual Assets Chamber of Commerce (VACC) said the partnership would help build trust and professional standards in Africa’s digital asset ecosystem.

“VACC sees this partnership as an important step toward building the trust infrastructure that Africa’s digital asset markets will need in order to grow responsibly and at scale,” said Okello.

The agreement also seeks to strengthen Africa’s voice in global digital asset policy discussions through joint advocacy and participation in international forums involving institutions such as the International Monetary Fund and the Financial Action Task Force.

Caleb Kwaku Afaglo, President, Chamber of Digital Assets and Blockchain Innovations (CDABI) Ghana Chapter said Africa should play a leading role in shaping global virtual asset standards.

“Africa must stop being a spectator in the drafting of global virtual asset standards. This partnership between CDABI and VACC is our declaration that the continent is ready to lead from the front,” said Afaglo.

The two organisations said the partnership would also support training and certification programmes focused on anti-money laundering compliance and governance standards for the digital asset industry.

The collaboration is expected to feature prominently during the upcoming Kenya Blockchain and Crypto Conference 2026 scheduled for May in Nairobi, where regulators and industry players from across Africa will discuss compliance, interoperability and cross-border coordination in the virtual assets sector.