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Bitcoin Trading Soars 700% in Nigeria

Blockchain.com Expands Operations into Ghana Following Success in Nigeria

  • Blockchain.com plans to launch its trading platform in Ghana, building on a successful year in Nigeria with over a 700% increase in brokerage transaction volume.
  • Active users in Ghana have increased by 140% over the past year, while transaction volumes rose by 80%.
  • The company aims to integrate with Ghana’s mobile money ecosystem as part of its market entry strategy.
  • Blockchain.com operates in over 70 jurisdictions globally and is focusing on expanding across Africa.
  • Nigeria received more than $92 billion in crypto activity from July to June, leading the region’s adoption rates.

As Blockchain.com enters the Ghanaian market, it collaborates with local officials to establish a regulatory framework and enhance payment infrastructure. This expansion is part of a broader trend of increasing cryptocurrency adoption across Sub-Saharan Africa.

With a reported 700% growth in Nigeria’s trading volume, Blockchain.com’s move into Ghana reflects significant regional interest and potential for cryptocurrencies like Bitcoin. (Source)

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