[WATCH] A Chat with Nadeem, A Commercial Lawyer by Profession, and the New Binance Director for East Africa

"Its important for us to have policies that protect consumers and encourage innovation and move the industry forward. . . .  Its also time we built a lot of trust and transparency in the industry." - Nadeem

BitKE caught up with the Nadeem Anjarwalla, the new Binance Director for East Africa.

A corporate commercial lawyer by profession, Nadeem believes the crypto space has huge potential especially when it comes from financial inclusion.

“Its important for us to have policies that protect consumers and encourage innovation and move the industry forward. . . .  Its also time we built a lot of trust and transparency in the industry.” – Nadeem

Nadeem said the company is looking to grow its user base in East Africa and a lot of awareness and education will be needed to make this happen.

Speaking on regulation, Nadeem said the consensus on regulation in East Africa has been a wait-and-see attitude. In Kenya, conversations on crypto regulation have already started.

Here is a breakdown of the discussion:

  • 00:00 – Intro
  • 00:48 – About Nadeem
  • 03:50 – Opinions on the global industry
  • 07:17 – About digital currencies in East Africa
  • 09:48 – Statistics on banking
  • 10:44 – About Binance across Africa
  • 11:39 – State of crypto regulation in Africa
  • 13:31 – Thoughts on major banks warnings
  • 15:33 – Different growth curves within E.A. countries
  • 17:48 – Binance eco expansion
  • 18:52 – Binance mobile money
  • 20:44 – Legality in Binance
  • 22:20 – To crypto enthuthiasts

 

Learn more about Binance and Nadeem:

 

 

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