Blockchain platform STARDEER opens Africa base

Global digital asset trading platform STARDEER, which works in blockchain and cryptocurrency, has opened its first regional base in Africa, as part of a globalisation strategy

“Africa is one of the fastest-growing regions in the global digital asset market, especially among the youth, where acceptance of digital assets is very high,” said Amelia White, the company’s chief operating officer.

“Through localised services, we aim to better meet the diverse needs of the African market and provide regional users with a more convenient, secure and compliant trading experience.”

The establishment of the African regional centre aims to provide local users with more efficient and professional services, the company stated in a press release.

It will encompass various functions, including customer support, marketing, compliance consulting and regional cooperation, offering comprehensive support to users throughout Africa.

Additionally, STARDEER plans to strengthen its collaboration with local governments and regulatory agencies through the centre to jointly explore the application of digital asset technology in areas such as payments, financial inclusion and blockchain governance.

The opening of the Africa base follows the establishment of other regional hubs in Asia-Pacific and Europe and underscores the company’s commitment to regional development and global leadership in compliance and lawful operations.

As a platform holding a US’ MSB (Money Services Business) license, STARDEER has been dedicated to adhering to regulatory standards worldwide, ensuring the legality and compliance of its operations.

The MSB license requires the platform to strictly implement anti-money laundering (AML) and know your customer (KYC) policies, ensuring the safety of all users’ funds and the legality of transactions.

STARDEER has also announced partnerships with regulatory agencies “in several African countries” to promote the lawful compliance of digital asset trading in the region, without identifying the specific entities.

It added that this collaboration will include policy framework design, technical support and the implementation of AML compliance solutions to ensure the healthy development of local markets.

It is understood that STARDEER plans to further expand its market coverage in Africa over the next three years, including establishing branches in major countries and launching regional educational programmes to help more users understand and engage with digital asset trading.

Additionally, the platform plans to collaborate with financial institutions and technology companies in Africa to jointly build a regional blockchain ecosystem, creating more value for local users.

“The establishment of the African regional centre is not only an important step in STARDEER's globalisation strategy but also demonstrates its determination to promote the healthy development of the digital asset industry,” the company’s press statement read.

“Through technological innovation, compliant operations, and global expansion, STARDEER aims to bring more opportunities to the African market, supporting the region's digital transformation and achieving inclusive growth in the digital economy.”