Nigeria-based cryptocurrency exchange roqqu, after two years of struggle, obtained the digital currency license to operate in the European Economic Area. Thus, Roqqu will have the opportunity to expand to 30 member countries in order to globalize in the coming period.
Company officials announced that they want to compete in the sector by providing advantages to customers who will trade crypto for the first time as part of the exchange’s search for a new market.
The cryptocurrency exchange aims to increase the number of users from 1.4 million during the year to at least 5 million within the framework of its expansion policy. The first African countries that Roqqu plans to open include Ghana, Uganda, South Africa and Tanzania.
Roqqu CEO Benjamin Onomor stated that Africans living abroad send more than $5 billion a year to their families and made the following statement:
“Cryptocurrency technology can make these money transfers much faster and less costly. This is the main problem we want to solve.”
The adoption rate of cryptocurrencies in Africa continues to increase day by day. According to data from Chainalysis, the Middle East and North Africa regions are the two fastest growing in the crypto space, with an average increase of 48%.
Onomor, in Africa, is crypto in the past. “fraud” He stated that this situation is changing rapidly.
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