Kenyan Committee Calls for Worldcoin Shutdown and Tighter Regulation of Virtual Assets
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Kenyan parliamentary committee recommends Worldcoin shutdown in the country until proper regulations established. Calls for criminal probes into Worldcoin operations.
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Committee wants Kenya to develop oversight framework and policies on virtual assets within 6 months.
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Calls for regulations to ensure virtual assets and providers are adequately monitored.
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Recommends requiring full disclosure from companies on use and storage of personal data collected.
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Kenya suspended Worldcoin enrollment over concerns around security, financial services and data protection. Was one of Worldcoin's biggest markets.