Binance-Linked Group’s Role in Kenya Crypto Law Sparks Alarm
Binance-Linked Group’s Role in Kenya Crypto Law Sparks Alarm
Kenya’s rapidly evolving digital asset industry is confronting growing concerns over potential regulatory capture as the country moves toward formalizing cryptocurrency legislation. Central to the controversy is the Virtual Asset Chamber of Commerce (VAC), a private think tank reportedly financed by Binance, which is poised to assume an influential role in shaping policy under the proposed Virtual Asset Service Providers (VASP) Bill.
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