Kenya suspends Worldcoin scans over security, privacy and financial concerns ๐Ÿ‡ฐ๐Ÿ‡ช ๐Ÿงฟ๐Ÿ›‘

Kenya suspends Worldcoin scans over security, privacy and financial concerns ๐Ÿ‡ฐ๐Ÿ‡ช ๐Ÿงฟ๐Ÿ›‘

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Kenya was one of the first countries where Worldcoin โ€” the controversial startup that aims to create a new โ€œhuman identity and financial networkโ€ through eye scans and its own cryptocurrency โ€” launched sign-ups and as of this week, it was one of the biggest markets for take-up. Now, Kenya could be one of the first to ban it outright.

Kenya has suspended the enrollment of Worldcoin, a controversial startup that aims to create a new "human identity and financial network" through eye scans and its own cryptocurrency. The suspension comes after concerns were raised by the Ministry of the Interior regarding the authenticity and legality of Worldcoin's activities in the areas of security, financial services, and data protection. The suspension also applies to any other entity engaging with Kenyan citizens in a similar manner. Worldcoin, co-founded by OpenAI CEO Sam Altman, has raised over $500 million to create a "proof-of-personhood" network, using eye scans to register "verified humans" and offering them "free" crypto tokens in exchange. However, there are growing concerns about the privacy and security implications of Worldcoin's practices and its impact on economically-disadvantaged individuals. The suspension raises questions about the future of Worldcoin's operations and the circulation of its tokens in Kenya.


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