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    Home»News»Kenyan Government and Binance Discuss Future of Crypto and AI
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    Kenyan Government and Binance Discuss Future of Crypto and AI

    Brand SpotBy Brand SpotMarch 20, 20253 Mins Read
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    Binance recently hosted a community event in Kenya, bringing together key industry stakeholders, regulators, and crypto enthusiasts. The event was attended by Eng. John Tanui, the Principal Secretary in the Ministry of Information, Communications, and the Digital Economy, as well as Rachel Conlan, Binance’s Chief Marketing Officer joined to engage with the local community and highlight Binance’s commitment to Kenya’s digital economy.

    Speaking at the event, Eng. John Tanui emphasized Kenya’s growing role in the global digital economy and the importance of supporting innovation in Crypto as well as AI: “Two major global things that are attracting attention today are AI and Crypto. We are happy as a country that we are facilitating young people to explore these opportunities. We are here to learn from this community and are truly impressed by the Kenyan Virtual Assets Chamber, which has a wealth of knowledge. We are working with stakeholders and partners like Binance to ensure we align with existing programs and upskilling initiatives.”

    He also stressed the need to expand digital access and support Kenya’s potential as a tech hub: “We don’t want to limit these opportunities—whether in established or developing areas. We want to connect more regions so that no one is left out. We commend Binance and the community and are ready to work with you to unlock opportunities and cement Kenya as the ‘Silicon Savannah’, a global hub for tech. We believe Kenya can rank even higher in global innovation, and we are committed to working with agencies, private sector companies, and young people to uplift them. Our country is blessed with immense talent, especially in technology, and we want to make Kenya the go-to destination for tech investment.”

    Binance’s CMO, Rachel Conlan, was present at the event in Kenya, reinforcing Binance’s commitment to the region. She spoke about the country’s rapid adoption of cryptocurrency and the role Binance is playing in supporting financial literacy and access to digital assets: “Kenya’s progress in digital finance is a model for the entire continent. The level of enthusiasm and engagement from the community, regulators, and business partners here has been truly inspiring. We are thrilled to be part of this journey and to work closely with key stakeholders to ensure the long-term success of crypto adoption and the digital economy.”

    Binance is investing in crypto education and upskilling initiatives through programs like Crypto School, which provides locally tailored courses for Kenyans to learn about cryptocurrency and blockchain at their own pace. Binance Academy also continues to provide educational resources to help users make informed financial decisions.

    The company remains committed to working with regulators in Kenya and across Africa to develop frameworks that support innovation while ensuring investor protection and long-term industry sustainability. At the event, Tony Olendo, Co-Founder of Vifi Labs, emphasized the need for a Kenyan Shilling-backed stablecoin to strengthen the local crypto ecosystem. He highlighted how such an innovation could empower the local economy and offer greater financial sovereignty.

    Larry Cooke, a Binance spokesperson, explained the role of the Virtual Assets Chamber in advocating for industry growth and regulatory clarity.“The Virtual Assets Chamber is working tirelessly to ensure that there is a supportive framework for virtual assets and crypto-related industries in Kenya and beyond. This effort is crucial to the growth of the market.”

    Also Read: Binance to Host International Women’s Day 2025 Event in Nairobi

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