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Crypto Brokerage Blockchain.com Enters Ghana, Eyes More African Markets

Blockchain.com has hired local compliance representatives in Ghana and is working with regulators to create support for digital assets.

Ghana

Blockchain.com, a leading global cryptocurrency brokerage and wallet platform, has officially launched its operations in Ghana as part of its aggressive expansion strategy across Africa. This move follows impressive growth in Nigeria, the company’s first major retail market in Africa, which was launched early last year.

Blockchain.com focuses on compliance, local infrastructure, and mobile money integration to enhance financial inclusion. According to the press release, the company intends to expand further into Africa’s high-growth markets in response to increasing digital asset adoption.

Strategic Expansion in Africa

Blockchain.com has chosen Ghana as its next African market, following its successful launch in Nigeria. The Nigerian launch, which began early last year, quickly became one of the company’s fastest-growing markets worldwide, with transaction volumes increasing by over 700%.

The most traded assets in Nigeria are Bitcoin, Tether, and Tron. The company has built a local team in Lagos to manage operations, create partnerships, and engage with regulators to support ongoing growth. Before the official launch in Ghana, demand for crypto services was already rising.

Active users in Ghana increased by 140%, and transaction volumes rose by 80% in the past year, showing a strong interest in secure and compliant crypto access. Blockchain.com operates in over 70 countries and considers Sub-Saharan Africa a key region due to its rapid growth in blockchain activity.

Recent data shows this region received significant amounts of crypto, with Nigeria attracting about $92 billion, followed by Ethiopia, Kenya, and Ghana.

Owen Odia, General Manager for Africa at Blockchain.com, highlighted the company’s goal of improving financial inclusion with customized digital asset solutions. The expansion aims at economies with young populations, high mobile usage, and a need for tools to handle remittances, payments, and currency fluctuations.

Compliance and Integration Efforts

Blockchain.com has hired local compliance representatives in Ghana and is working with regulators to create support for digital assets. A key focus is connecting to Ghana’s main mobile money system, such as MTN MoMo, to make it easier for users to buy and sell digital assets.

The connection will enable simple trading, money transfers, and cross-border transfers in a country that relies heavily on mobile payments. Stablecoins like USDT are important in the region, helping to protect against inflation and making payments easier. It emphasizes the need for education, security, and trust to help people adopt digital assets sustainably.

As Africa’s crypto market grows quickly—thanks to high mobile usage and new finance tools—Blockchain.com aims to expand access responsibly in areas where regulations are clear.

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Ephraim Emmanuel