Blockchain.com expands to Ghana after experiencing a 700% increase in transaction volume in Nigeria.

PANews reported on March 10th that, according to Cointelegraph, cryptocurrency brokerage firm Blockchain.com announced its expansion into the Ghanaian market as part of its broader strategy in Africa. Blockchain.com stated that it is working with Ghanaian officials and regulators to establish a regulatory framework and has already appointed a local compliance representative. Given the widespread use of mobile currencies in Ghana, integration with the mobile currency ecosystem is a key focus.

The company previously launched its retail business in Nigeria last year, where brokerage trading volume grew by over 700%, with Bitcoin, Tether, and Tron being the most actively traded assets. The Ghanaian market had already shown strong growth prior to its official launch, with active users increasing by 140% and trading volume by 80% over the past year.