ProMark partners KPMG to strengthen Africa’s digital assets agenda

ProMark Elite Limited and KPMG have joined forces to bolster the growth of Africa's digital assets market through the Digital Assets Summit Africa (DASA). This collaboration centers on addressing regulation, institutional capacity, and responsible innovation. DASA aims to shift the conversation from mere technological interest to establishing clear rules, building institutional capacity, and converting responsible innovation into tangible economic value.

The partnership positions DASA as a platform uniting central banks, securities regulators, government entities, banks, fintech companies, investors, technology providers, and professional advisers. The summit's 2026 edition is expected to involve key players such as the Bank of Ghana, the Securities and Exchange Commission, and other financial sector institutions. Their participation underscores the importance of policy, supervision, and market conduct in the summit's agenda.

Ghana has taken significant strides in this domain. The Virtual Asset Service Providers Act, 2025 (Act 1154) has been enacted, which lays out the framework for registering, licensing, and supervising virtual asset service providers. Furthermore, the Bank of Ghana has established a Virtual Assets Department to oversee the regulation of the ecosystem.

KPMG, a knowledge partner for the summit, brings its expertise in financial services, governance, risk, regulation, tax, audit, and technology. ProMark, on the other hand, acts as the convening platform for this partnership. Together, they strive to move beyond general interest and focus on the practical decisions and safeguards necessary as digital asset markets evolve.

The collaboration will tackle crucial queries within the industry, such as how banks should regulate virtual asset transactions, the licensing and supervision of service providers, the tax and accounting implications of digital assets, and how tokenization can facilitate financing for businesses and infrastructure. The partners stress that the success of these initiatives hinges on clear regulation, accountable governance, effective controls, and enhanced cooperation between the public and private sectors.