As rivals circle Africa, Blockchain.com open its first office in Nigeria
- Blockchain.com has opened its first physical office in Nigeria, marking its entry into Africa.
- User activity in Nigeria has doubled, making it the largest market for Blockchain.com in Africa.
- The company is engaging with Nigeria's SEC regarding licensing requirements for virtual assets.
Blockchain.com's strategic move to establish a physical presence in Nigeria highlights the growing importance of local compliance and engagement in the rapidly evolving crypto landscape. This approach could serve as a model for other crypto firms looking to expand in Africa, emphasizing the need for regulatory alignment and local market understanding.
