Roqqu has been granted regulatory approval to operate in South Africa, allowing users to purchase cryptocurrencies and withdraw funds with the country’s fiat currency, the South African rand.
South Africa has been a top priority for Roqqu as the exchange seeks to expand its dominance in the African market. In a previous interview with Coin telegraph, the company ranked South Africa as a focal point for its growth plans, which includes reaching 5 million clients in 2023.
Roqqu has its sights set on Ghana, Uganda, Kenya, and Tanzania for regional expansion soon.