Blockchain.com Goes to Africa: Crypto’s New Playground! 🌍💰

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What to know:

  • Blockchain.com is strutting its stuff into Africa, with Ghana, Kenya, and South Africa on the list. 🌍
  • They’re even planning to open a physical office in Nigeria—because who doesn’t want to be in the fastest-growing market in West Africa? 🏃‍♂️💨
  • Nigeria just passed a shiny new investment and securities law, which is basically a VIP pass for crypto exchanges. 🎟️

So, Blockchain.com, the cool kid on the crypto block, is expanding into Africa where regulations are finally starting to look like they know what they’re doing. 🙌

They’re eyeing Ghana, Kenya, and South Africa, and guess what? They’re opening a physical office in Nigeria this quarter! Apparently, it’s the hottest spot in West Africa right now, according to Bloomberg. Who knew? 📈

Nigeria’s new investment and securities law is like a welcome mat for crypto exchanges. “Nigeria has taken meaningful steps toward creating a clear framework for crypto,” said Owenize Odia, Blockchain.com’s general manager for Africa. “Applying for a crypto-exchange license in Nigeria is a top priority.” Because, you know, priorities. 😏

Other countries are also getting their act together. The Bank of Ghana released draft guidelines last year, while Kenya is still in the “let’s figure this out” phase. Classic Kenya! 🤔

This all comes after Blockchain.com decided to flirt with the idea of an initial public offering (IPO) earlier this year, thanks to some new executive appointments. Because why not? 💼

And just to keep things spicy, Circle Internet group, the brains behind the USDC stablecoin, is also filing for an IPO on the New York Stock Exchange. Looks like everyone wants a piece of the public pie! 🥧

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2025-05-27 16:36