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Key FactsCrypto Exchange Targets African Markets
May 27, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: bloomberg.com
  • Blockchain.com is pursuing growth in Ghana, Kenya, South Africa and Nigeria.

  • A physical office in Nigeria is planned this quarter as the firm describes it as its fastest‑growing West African market.

  • Applying for a crypto‑exchange license in Nigeria is a top priority after the new investment and securities law established licensing provisions.

  • Ghana issued draft guidelines targeting regulation of digital assets by the end of September 2025, while Kenya studies the asset class and central banks closely monitor trading.
  • Applying for a crypto-exchange license in Nigeria is a top priority.
    — Owenize Odia, Blockchain.com's general manager for Africa operations, said by email.