Kenya Suspends Worldcoin Project Activities Amid Regulatory Concerns
Kenya has temporarily suspended all activities related to the Worldcoin project in the country. The Ministry of the Interior and National Administration made the announcement on August 2, 2023. The decision was made due to ongoing investigations into the legality and authenticity of Worldcoin’s biometrics data collection. Several government agencies are involved in the investigation, including those responsible for security, data protection, and financial services. The government is concerned about the activities of the organization, particularly its collection of eyeball/iris data.
Key Points:
– Kenya has suspended all Worldcoin project activities in the country.
– Ongoing investigations are being conducted by various government agencies into the legality and authenticity of Worldcoin’s data collection.
– The suspension will remain in effect until there are no risks to the public.
– The government will take action against anyone engaging in Worldcoin’s activities locally.
– Other countries, such as the United Kingdom, Germany, and France, have expressed concerns about Worldcoin and have launched their own investigations.
Hot Take:
The suspension of Worldcoin’s project activities in Kenya raises questions about the company’s operations and data collection practices. It is concerning that multiple countries are now investigating the project, indicating potential regulatory issues. The government’s priority is to protect the public and ensure that there are no risks associated with Worldcoin. This situation serves as a reminder of the importance of thorough scrutiny and compliance in the crypto industry to maintain trust and integrity.
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