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Kenyan Government Suspends Activities of Worldcoin in Country

Aug 03, 2023 · 1 min read · 285 points
Kenyan Government Suspends Activities of Worldcoin in Country
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Kenya’s interior ministry said on Wednesday that it had suspended the local activities of cryptocurrency project Worldcoin while government agencies assess potential risks to public safety.

Highlights

  • Kenya’s government suspends activities of cryptocurrency project Worldcoin.
  • The project requires users to give their iris scans in exchange for a digital ID.
  • In some countries users also get free cryptocurrency as part of plans to create a new “identity and financial network” Local media have reported that more than 350,000 had signed up for the project as of Tuesday.
  • Worldcoin Foundation, a Cayman Islands-based foundation, said it would take the time of suspension to boost understanding of privacy measures it has in place in Kenya and elsewhere it has a presence in the country.
  • It has also come under scrutiny in Britain, Germany, France and France.

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