Kenya suspends Worldcoin scans over security, privacy and financial concerns
Kenya suspends Worldcoin enrollment and expresses concerns about its activities and data protection.
Key points:
- Kenya was one of the first countries to launch sign-ups for Worldcoin.
- The Ministry of the Interior has suspended Worldcoin enrollment, citing concerns about authenticity, legality, security, financial services, and data protection.
- Kenya had numerous venues for Worldcoin enrollment, but now there is only one due to overwhelming turnout.
- Relevant agencies are investigating the authenticity, legality, and data protection of Worldcoin's activities.
- Worldcoin is co-founded by OpenAI CEO Sam Altman and has raised over $500 million.
- Worldcoin registers "verified humans" through eye scans and offers free crypto tokens in exchange.
- The suspension order's impact on the circulation and trading of Worldcoin tokens in Kenya is unclear.
- Worldcoin tokens have become part of the grey market in Kenya.
- The authorities are now considering the privacy, security, and financial transaction implications of Worldcoin.
- The suspension follows an assessment by the country's office of the Data Commissioner.
- Concerns have been raised about Worldcoin's practices and exploitation of economically-disadvantaged people.
- Worldcoin has enrolled over half a million people in the last seven days and nearly one million in the last month.