Binance and Kenya’s Virtual Assets Chamber unite to support crypto regulation, advocating for fair tax policies and innovation-driven growth.
Binance and the Virtual Assets Chamber (VAC) met with media in Nairobi to support Kenya’s crypto regulation efforts, applauding the Virtual Asset Service Provider (VASP) Bill as a major step forward. Led by Binance Africa’s Head of Legal, Larry Cooke, and VAC Director Allan Kakai, the duo called for balanced tax policies that promote growth without stifling innovation.
Speaking ahead of the Kenya Blockchain & Crypto Conference, they emphasized Kenya’s potential to become Africa’s crypto hub—if regulations are smart, enabling, and grounded in local realities. Both urged collaboration with policymakers and highlighted the need for education across sectors to ensure sustainable growth.
“This is Kenya’s moment,” said Kakai. “The frameworks built here can set the gold standard for Africa and beyond.”
Discover more from DiutoCoinNews
Subscribe to get the latest posts sent to your email.
