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Binance steps up fight against crypto fraud in Kenya

Firm committed to protecting users while fostering a secure environment for digital assets

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by VICTOR AMADALA

Kenya22 March 2025 - 10:11
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Rachel Conlan, Binance chief marketing officer during the press event held in Nairobi on March 19 /HANDOUT

As Africa’s Web3 economy expands, cryptocurrency fraud has emerged as a major concern, prompting industry leaders and regulators to take decisive action.

Binance, the world’s largest cryptocurrency exchange, says it is actively working to combat scams, enhance cybersecurity, and support regulatory clarity in Africa’s fast-growing Web3 space.

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