Ghana Sees Explosive Growth in Crypto Users and Transactions

The West African country of Ghana has seen significant growth in its cryptocurrency market. According to data from Blockchain.com, there was a 140% increase in active Bitcoin and crypto users over the past year before its formal launch.

This growth is also reflected in transaction volumes, which were 80% higher during the same period. The exact timing of Ghana's 'formal launch' is unclear, but it suggests that the country's cryptocurrency market has been expanding rapidly.