Blockchain.com targets African Growth Amid Emerging Regulation
- Blockchain.com is establishing a physical office in Nigeria, its fastest-growing market in West Africa.
- Nigeria has passed a new investment and securities law allowing for the licensing of crypto exchanges.
- Exchanges like Yellow Card Financial Inc. are now seeking permits according to the SEC.
Bendada.com - May 27, 2025
Blockchain.com opens Nigeria office as first foreign crypto firm to establish physical presence
Blockchain.com is set to open a physical office in Nigeria in Q2 2025, marking it as the first forei
The cautious yet progressive approach of African nations towards crypto regulation presents a significant opportunity for companies like Blockchain.com. As regulatory frameworks become clearer, it will be crucial for these companies to navigate the complexities of each market to establish a strong foothold. The potential for growth in the African crypto market is substantial, especially among the youth seeking alternatives to traditional financial systems.
