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The Worldcoin cryptocurrency initiative has encountered yet another obstacle — this time in Kenya, where the government has established a 15-member parliamentary committee to examine the contentious asset.
The Kenyan government has created a 15-member committee led by Narok West Member of Parliament Gabriel Tongoyo to investigate the disputed crypto project, as reported by a local newspaper. This parliamentary committee is allotted 42 days to conduct its inquiry and present its findings to the House committee.
Cointelegraph attempted to contact the MP for insights regarding his concerns and the case against Worldcoin but did not receive a response by the time of publication.
The parliamentary inquiry into the crypto initiative follows nearly three weeks after Kenya halted Worldcoin’s operations due to the project’s noncompliance with government directives to cease iris scanning of users.
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The Interior Cabinet Secretary Kithure Kindiki, who has been instrumental in the suspension of Worldcoin’s activities, informed the House committee that the government is apprehensive about Worldcoin’s actions in registering citizens and gathering iris data, which he asserts present significant security threats.
Related: Worldcoin launch ignites discussion on data privacy and the future of AI
In addition to the parliamentary committee, the Worldcoin project has faced outright rejection from various regulatory authorities in Kenya. A court also suspended Worldcoin’s operations following a lawsuit filed by the office of the data commissioner. The court mandated that the data collected by Worldcoin from April of last year to August 2023 must be retained until the lawsuit is resolved.
Worldcoin, a cryptocurrency project centered on digital identification that provides its native cryptocurrency, WLD coin, in exchange for users’ iris scans, was launched amidst controversies and excitement. The project onboarded nearly 2 million users during its testing phase. However, as it expanded to the public in over a dozen countries, numerous reports of the project’s contentious methods emerged, leading governments in Nigeria, the United Kingdom, Argentina, Germany, and Kenya to investigate the initiative.
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