reports<\/a>.<\/p>\nAccording to Owenize Odia, Blockchain.com\u2019s general manager for Africa operations, the company is focusing on Nigeria, Ghana, Kenya, and South Africa, with plans to open a physical office in Nigeria in Q2. Nigeria is Blockchain.com\u2019s \u201cfastest-growing market\u201d in West Africa, Odia said, adding that the country \u201chas taken meaningful steps toward creating a clear framework for crypto.\u201d<\/p>\n
While most African nations still ban or tightly control crypto trading, a few are slowly changing their approach. Nigeria recently passed a new investment law that allows licensing for crypto exchanges.<\/p>\n
<\/p>\n
Ghana may also introduce rules soon as Odia noted that Ghana\u2019s central bank has draft guidelines showing \u201cits intention to begin regulating cryptocurrency and related platforms by the end of September 2025.\u201d Meanwhile, Kenya is still studying how to oversee crypto before making decisions.<\/p>\n
Africa is quickly becoming a hotspot for crypto adoption, and South Africa appears to be leading the charge. A new report by the Financial Sector Conduct Authority highlights growing opportunities in South Africa\u2019s decentralized finance sector.<\/p>\n
While still small globally, South Africa\u2019s DeFi market is expanding quickly, with total value locked exceeding $27 million and projections reaching $180 million by 2028. Payments remain the most common use case (over 50%), followed by lending\/borrowing (47.6%) and decentralized exchanges (33%).<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Blockchain.com appears to be betting on Africa\u2019s crypto future, where regulations could transform a once-restrictive market. Crypto wallet and exchange platform Blockchain.com is reportedly looking to grow in Africa as…<\/p>\n","protected":false},"author":1,"featured_media":1018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=1017"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1017\/revisions"}],"predecessor-version":[{"id":1019,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1017\/revisions\/1019"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1018"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=1017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=1017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=1017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}