Blockchain.com, a global cryptocurrency and digital finance company, has called for stronger regulatory alignment in Nigeria’s crypto ecosystem to promote responsible growth and protect consumers.
Speaking at a media briefing in Lagos on Tuesday, the company’s General Manager for Africa, Ms. Owenize Odia, said the engagement was part of efforts to strengthen trust and transparency in Nigeria’s digital finance sector.
She emphasized that transparency and regulatory cooperation were essential to building a sustainable cryptocurrency industry in the country.
“Compliance is fundamental to what we do. We engage openly with regulators, including the Securities and Exchange Commission (SEC), and have applied for the appropriate license,” Odia said.
Odia noted that Nigeria remains one of Blockchain.com’s key markets, adding that the company is committed to expanding its local operations while ensuring full compliance with regulatory requirements.
She said the company has built a local team and plans further recruitment to support its physical presence and long-term growth strategy in the country.
According to Odia, Blockchain.com was founded in 2011 as a blockchain explorer before expanding into wallet and exchange services, and now serves over 93 million users globally.
“Our approach is to build trust, educate users, and promote responsible adoption of digital assets,” she said, stressing the company’s focus on education, consumer trust, and long-term partnerships with media and regulatory institutions.
She added that Blockchain.com is committed to Nigeria for the long term, hiring locally, building responsibly, and aligning with the country’s evolving digital finance framework.
Also speaking, Country Head, Nigeria, Mr. Michael Emeeka, said the company aims to make cryptocurrency more accessible and practical for everyday transactions.
“Many Nigerians are already using crypto for payments, remittances, and business transactions, not just investment. Our vision is to make crypto part of daily life for commerce, payments, and transfers,” he said.
Emeeka added that the company operates under global compliance standards while awaiting full licensing in Nigeria.
The Marketing Lead, Ms. Chisom Felix, highlighted new features introduced by Blockchain.com, including tokenized access to U.S. stocks, allowing users to diversify investments directly within the app.
“This initiative is designed to give Nigerians broader access to the global financial system,” she said.
Similarly, Compliance Officer, Ms. Serena Braide, said the company has implemented robust systems to meet anti-money laundering and customer verification standards.
“We take compliance very seriously and follow strict onboarding, KYC, and transaction monitoring processes,” Braide said.
