The Nigerian exchange wants to support cross-border transactions with crypto. According to its CEO, Africans in the diaspora send over $5 billion home every year.
, effectively giving it the green light to operate in over 30 countries. It took two years for the exchange to receive permission from the region's regulatory authorities.
The exchange's strategy centers on facilitating cross-border transactions through cryptocurrencies, primarily to African countries. According to the Roqqu CEO Benjamin Onomor,"Africans who live and work in diaspora send over $5 billion yearly back home, they do so with so much stress and have to wait days in some cases before the funds get to their family members in Africa.
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