🚨 Binance's Kenya Ties Spark Monopoly Concerns Among Local Crypto Startups 🇰🇪

Kenyan crypto entrepreneurs are raising alarms over a Binance-linked lobby group potentially influencing upcoming regulations under the proposed VASP bill. Critics worry this could give the exchange an unfair advantage in the market.

Local startups fear the move might stifle competition, as the lobby group could shape rules favoring Binance over smaller players. The debate highlights growing tensions as Kenya works to formalize its crypto regulatory framework.

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