- The government of Kenya has suspended Worldcoin’s activities in the country.
- Government agencies are probing the cryptocurrency startup over privacy and security.
- Worldcoin was previously under scrutiny from regulators in France and Germany.
Kenya has become the latest country to scrutinize Worldcoin, the ambitious cryptocurrency project recently launched by ChatGPT founder Sam Altman. The government of Kenya has shut down Worldcoin’s activities in the country due to concerns over privacy and security. The project’s controversial biometric scans caused the government’s intervention.
According to a press release posted on Kenya’s Ministry of Interior and National Administration’s official Facebook (NASDAQ:META) page, the government has expressed concerns over Worldcoin’s registration of Kenyan citizens through iris data (biometric scan). To that end, the government has suspended the crypto startup’s local activities.
Various government agencies, including security, financial services, and data protection, have initiated investigations and inquiries into Worldcoin’s operations in order to determine their legality and authenticity in the interest of cit…
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The post Kenya Shuts Down Worldcoin’s Activities Over Privacy Concerns appeared first on Coin Edition.