US EditionBlockchain.com to Expand Across Africa as Crypto Regulation Begins to Take Shape
- Blockchain.com, a UK-based cryptocurrency platform, intends to establish a brick-and-mortar presence in Nigeria during the second quarter of 2025 as part of its broader strategy to grow its footprint in Africa.
- This expansion comes in the wake of Nigeria’s new Investments and Securities Act, passed in March 2025, which empowers the SEC to oversee digital asset activities and requires foreign cryptocurrency companies to obtain a license.
- Nigeria has become a leading Bitcoin market globally, propelled by its youthful, technology-oriented population seeking alternative financial options amid ongoing economic challenges.
- Owenize Odia, Blockchain.com’s Africa general manager, stated Nigeria has made meaningful progress toward clear crypto regulations, supporting safer innovation and client protection.
- Blockchain.com’s entry could pressure regulators to accelerate crypto framework development across Africa while boosting local ecosystems through education, security, and tailored products.
13 Articles
13 Articles
South Africa: Coin vs. Capital – Cryptocurrency is not subject to exchange control
In brief In a landmark ruling, the Pretoria High Court in Standard Bank v South African Reserve Bank ruled that cryptocurrencies do not constitute “capital” under South Africa’s Exchange Control Regulations. This means crypto assets are not subject to the country’s strict exchange control regime, offering long-awaited clarity for the crypto industry. While this judgment removes the need for SARB approval to export crypto, the relief may be tempo…
Blockchain.com Expands In Africa As Crypto Rules Emerge
One of the most well-known cryptocurrency platforms worldwide, Blockchain.com, is increasing its footprint in Africa, especially with an eye towards Nigeria. As the continent sees growing interest in digital assets together with changing laws meant to provide clearer direction for crypto companies and users, this strategic expansion comes as a natural. Strategic Expansion Into Africa’s Largest Crypto Market The crypto sector in Africa has been e…
Blockchain.com opens Nigeria office, expands African footprint
Leading crypto finance platform, Blockchain.com will open a physical office in Nigeria during the second quarter of 2025, becoming the first foreign cryptocurrency exchange to establish a brick-and-mortar presence in the West African nation. The UK-based platform, which enables users to buy, sell, and trade digital currencies, also plans to expand operations across Ghana, Kenya, and South Africa. The company serves over 37 million verified users…
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