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Sub-Saharan Africa Among World's Most Dynamic Regions for Cryptocurrencies

Sub-Saharan Africa Among World's Most Dynamic Regions for Cryptocurrencies

Sputnik Africa

Sub-Saharan Africa Among World's Most Dynamic Regions for Cryptocurrencies Cryptocurrency transactions reached $205 billion between July 2024 and June 2025, an... 14.09.2025, Sputnik Africa

2025-09-14T15:32+0200

2025-09-14T15:32+0200

2025-09-14T15:44+0200

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Sub-Saharan Africa Among World's Most Dynamic Regions for Cryptocurrencies Cryptocurrency transactions reached $205 billion between July 2024 and June 2025, an increase of approximately 52% compared to the previous period, according to analysis by the Chainalysis platform.This positions the region just behind Asia-Pacific and Latin America. Nigeria leads the way with $92.1 billion in transactions, nearly triple that of South Africa, which is second. Ethiopia, Kenya, and Ghana round out the top five.Bitcoin dominates cryptocurrency purchases in the region, accounting for over 70% of transactions."From Nigeria’s response to currency devaluation to South Africa’s sophisticated regulatory approach, the region shows how crypto can be a strategic economic tool rather than merely an alternative investment," the study said.AI-generated imageSubscribe to @sputnik_africa Sputnik Africa | X

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