Crypto Faces a Turning Point: How Blockchain.com Is Leading Africa’s Digital Assets Revolution
Crypto adoption is accelerating across Africa, as leading crypto exchange Blockchain.com sets its sights on expanding in Nigeria, Ghana, Kenya, and South Africa. The crypto industry is entering a transformative stage in the region, with regulatory changes providing new opportunities for digital asset investors and businesses alike.
Blockchain.com aims to leverage these market shifts, with its general manager for Africa, Owenize Odia, confirming that Nigeria is now the company’s fastest-growing market in West Africa. Nigeria’s recent crypto investment law, which includes licensing provisions for exchanges, signals a step toward more transparent and regulated crypto trading—potentially laying the foundation for wider mainstream adoption and improved consumer confidence.
Across the continent, the regulatory landscape for digital assets is evolving. Ghana’s central bank is expected to release official guidelines for cryptocurrencies by the end of September 2025, marking another major milestone for the region. Meanwhile, Kenya continues to explore best practices for crypto oversight, studying global trends before crafting national policies.
Africa’s appetite for blockchain technology and crypto tokens is reflected in South Africa’s rapid DeFi sector growth. A study by the nation’s Financial Sector Conduct Authority projects the total value locked in South African DeFi to reach $180 million by 2028, up from just $27 million today. Payment solutions, lending, and decentralized exchanges are dominating use cases—demonstrating a multi-pronged growth trajectory for Africa’s digital economy.
Industry observers point out that the region’s youthful population, high mobile penetration rates, and innovative fintech culture put it in a unique position to lead the next phase of global blockchain expansion. As local governments implement clearer regulations, more investors and startups may enter the market, unlocking new sources of capital, financial inclusion, and cross-border payments.
For those new to digital asset investing, understanding the dynamics of African crypto markets is crucial. For beginners seeking to learn the basics, check out this in-depth guide on cryptocurrency trading for beginners or discover the top free crypto wallet options designed for the region.
As Africa’s crypto landscape shifts from caution to opportunity, Blockchain.com’s expansion marks an early move in a broader race for market leadership—one that will shape the continent’s financial future for years to come.