Share this article

The Kenyan government has announced the suspension of all activities related to Worldcoin, the recently launched cryptocurrency project. Minister of Internal Security Kithure Kindiki made the announcement on August 2, citing inquiries into potential risks associated with the project.

Worldcoin was officially launched on July 24, 2023, with an aim to create a digital ID system by scanning an individual’s iris. Co-founded by Sam Altman, the CEO of OpenAI, Worldcoin’s mission is to provide a unique digital identifier, referred to as a World ID, for humans in the online sphere.

Minister Kindiki’s statement reveals that various security, financial services and data protection agencies in Kenya have commenced investigations into the legality and security aspects of Worldcoin’s operations:

Accordingly, the Government has suspended forthwith, activities of ‘WORLD COIN’ and any other entity that may similarly engaged the people of Kenya until relevant public agencies certify the absence of any risks to the general public whatsoever.”

The suspension will remain until these agencies certify the absence of risks to Kenyan citizens.

Worldcoin has faced scrutiny and debate since its inception. Some critics, such as Vitalik Buterin, have raised concerns over

Go to Source to See Full Article
Author: Emily Tonelli

Did you like this?
Tip BTC Newswire with Cryptocurrency

Donate Bitcoin to BTC Newswire

Scan to Donate Bitcoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate Bitcoin Cash to BTC Newswire

Scan to Donate Bitcoin Cash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate Ethereum to BTC Newswire

Scan to Donate Ethereum to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Ether:

Donate Litecoin to BTC Newswire

Scan to Donate Litecoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate Monero to BTC Newswire

Scan to Donate Monero to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Monero:

Donate ZCash to BTC Newswire

Scan to Donate ZCash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some ZCash:

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.