Roqqu, Nigeria’s largest cryptocurrency exchange, receives regulatory approval to operate in South Africa and hence its users will now be able to deposit and withdraw the South African Rand (ZAR) to and from their Roqqu wallets.
This move by Roqqu is targeted at:
- Increasing the global adoption and accessibility of cryptocurrency
- Contributing to the emergence of an age of borderless transactions in cryptocurrency
In a conversation with the Head of Product at Roqqu, Mr. Israel Ololade ,
He revealed that in the intensive research done to streamline strategic cities and countries to pioneer Roqqu’s target of global adoption and borderless transactions, they found the move to South Africa as expedient. He stated that about Four million South Africans own cryptocurrencies and that overall, South Africa ranks 18th out of 26 countries for crypto adoption, according to the report which surveyed 217,947 people in 26 selected countries as facts to back his claim.

He also stated that…