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Blockchain.com Targets African Expansion Amid Evolving Crypto Regulations
Blockchain.com Targets African Expansion Amid Evolving Crypto Regulations
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Blockchain.com is positioning itself for significant growth in Africa as regulatory shifts begin to transform the continent’s digital asset landscape. The crypto wallet and exchange platform has identified Nigeria, Ghana, Kenya, and South Africa as key markets, with plans to establish a physical presence in Lagos by Q2 2024.
Nigeria emerges as Blockchain.com’s fastest-growing West African market, buoyed by recent regulatory progress. "The country has taken meaningful steps toward creating a clear framework for crypto," said Owenize Odia, the company’s Africa operations lead. This strategic move comes as several African nations gradually transition from restrictive policies toward structured cryptocurrency oversight.
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