UK-based cryptocurrency exchange Blockchain.com is eyeing significant expansion within African nations, capitalizing on the growing push for regulatory clarity in the region’s burgeoning digital asset market. The company plans to bolster its presence in key markets like Ghana, Kenya, and South Africa. In anticipation of this expansion, a new physical office will soon open in Nigeria, Blockchain.com’s fastest-growing market within West Africa. Nigeria took significant strides towards clarity with the introduction of a new investment and securities law, paving the way for cryptocurrency exchanges to obtain licenses and comply with regulations. This move has sparked applications from companies like Yellow Card Financial Inc., demonstrating the industry’s eagerness to operate legally within this newly established framework. Meanwhile, Kenya is exploring the potential of crypto assets while actively crafting regulatory guidelines before formal implementation. Ghana also released draft rules on digital asset supervision in anticipation of stricter regulations. Blockchain.com’s commitment to licensing and compliance reflects its valuation of $14 billion as of 2022, highlighting the company’s ambition in this thriving market.