Worldcoin cryptocurrency initiative halted in Kenya

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The newly launched cryptocurrency and digital identity initiative, Worldcoin, is encountering significant challenges in Kenya, as the government has halted all local operations linked to it.

On August 2, Kenya’s internal security minister announced via Facebook that the nation has suspended Worldcoin’s activities until relevant public agencies confirm that there are no risks to the Kenyan populace.

“Relevant security, financial services, and data protection agencies have initiated inquiries and investigations to verify the legitimacy and legality of the aforementioned activities,” Minister Kithure Kindiki stated.

Worldcoin cryptocurrency initiative halted in Kenya0The statement from Kenya’s internal security minister regarding Worldcoin. Source: Facebook

The minister emphasized that the Kenyan government is particularly concerned about Worldcoin’s collection of sensitive identification data, such as iris scans, in exchange for a digital ID.

“Appropriate measures will be taken against any individual or entity that promotes, assists, or otherwise engages in or is associated with the aforementioned activities,” the statement indicated.

Related: Worldcoin counters claims of poor uptake as Altman highlights queues in Japan

As previously noted by Cointelegraph, the Worldcoin initiative was officially launched on July 24, 2023, following three years of development. The project was co-founded by Sam Altman, the CEO of OpenAI — the organization behind the widely used artificial intelligence (AI)-driven chatbot ChatGPT.

Worldcoin’s objective is based on the anticipation that distinguishing between humans and online bots will become increasingly challenging as AI technology advances. To differentiate humans from AI, the startup developed a digital ID system grounded in proof-of-personhood. This digital ID is created by scanning an individual’s iris and assigning them a World ID.

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