Blockchain.com expands in Africa as local crypto rules take shape
Blockchain.com is opening a Nigerian office as part of its expansion into African markets showing regulatory progress.
Blockchain.com is stepping up its presence in Africa, targeting markets where governments are beginning to implement crypto regulations.
The UK-based exchange plans to open a physical office during the second quarter in Nigeria — its “fastest-growing market” in West Africa — along with broader expansion efforts in Ghana, Kenya and South Africa, according to a May 27 report by Bloomberg.
“Nigeria has taken meaningful steps toward creating a clear framework for crypto,” Owenize Odia, Blockchain.com’s general manager for Africa, reportedly said.