Nigeria's Crypto Sector Faces Cross-Border Payment and Compliance Hurdles

Nigeria's growing cryptocurrency sector is facing challenges from cross-border payments and tax compliance. The country's rapid adoption of digital assets has exposed gaps in infrastructure needed for wider use in the economy.

Fintech entrepreneurs and companies are shifting focus to building payment and compliance solutions that can support businesses and consumers operating within a regulated market.

Opeyemi Akinremi, co-founder and Chief Operating Officer of Ivorypay, is driving this shift. His company develops stablecoin-based payment infrastructure for African markets.