The Nigerian crypto exchange Roqqu receives a license for virtual currencies of the European Union Regulation

Von Krypto News Österreich

The Nigerian crypto exchange Roqqu has recently announced that it received a license for virtual currencies that enables it to offer her services in 28 European countries. According to Israel Ololade, the product manager at Roqqu, the license of the European Union "is" in accordance with the brand's endeavor to become number one worldwide among blockchain and crypto companies ".

The introduction of crypto lags behind in Europe

The Roqquaque, based cryptocurrency exchange Roqqu, has recently been given a license for virtual currencies of the European Union (EU), which enables it to offer its services in 28 European countries, according to a statement published by the company. The license enables RoQqu-users, including non-nigerians, trade in digital currencies and participation in the market for non-fungible tokens (NFT).

According to the explanation, the EU license of the crypto exchange means that Roqququququququers is one of the first platforms for the exchange of digital assets from Africa that is expanding to Europe. In an explanation, the Nigerian crypto exchange also informed some reasons that influenced their decision to apply for a license for the euro zone.

In our research, we found that Europe has to catch up with the global average of the introduction of cryptocurrencies. They crawl worldwide with an average of 27 %. European crypto exchanges are equipped with more complicated user interfaces and high fees, which makes it difficult for early retailers to take as much as crypto as they want, "says the explanation.

In a recent Interview with bitcoin.com news Passed up Benjamin Eseoghene, CEO of the crypto exchange, that the decision to expand to Europe was influenced by users, the Roqqu advised to "provide their friends and family members who live and study abroad".

In the meantime, Israel Ololade, the EU license "agree to the brand's endeavor to become the number one blockchain and crypto company worldwide". In addition, the expansion from Roqqu to Europe opens up a channel that enables Nigerians in the diaspora to seamlessly send money transfers to family and friends in Nigeria, added Ololade.

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Terence Zimwara

Terence Zimwara is an award -winning journalist, author and writer from Zimbabwe. He wrote in detail about the economic problems of some African countries and how digital currencies Africans can offer an escape route.












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