Worldcoin, a new crypto project offering digital IDs via iris-scanning, has been suspended by the Kenyan government over privacy and security concerns.
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Kenyan Suspension Hurts Worldcoin's User Base. Kenyan Government Suspends Worldcoin’s Activities
Worldcoin, a project that launched just 10 days ago, has been suspended in Kenya, one of the few countries where its iris-scanning device, Orb, was available. Kenya was among the first countries to open registration for World ID and received a high number of sign-ups. Initially, Worldcoin listed 18 Orb-locations that would open in Kenya, but in the end, only one location was available at Kenyatta International Convention Centre. Despite tens of thousands of Kenyans flocking to the Orb to get their iris scanned and receive the World ID, the Kenyan government suspended all Worldcoin activities on August 2 due to the need to certify the absence of risks to the general public. Kenyan Suspension Hurts Worldcoin's User Base.
"Relevant security, financial services and data protection agencies have commenced inquiries and investigations to establish the authenticity and legality of the aforesaid activities, and the safety and protection of the data being harvested, and how the harvesters intend to use the data,” Kithure Kindiki, Kenya’s Cabinet Secretary for the Ministry of Interior and National Administration, said in the statement.
Worldcoin officials haven’t yet commented on the news.
Worldcoin Continues To Face Backlash
Worldcoin, a crypto project, has faced criticism and scrutiny following its launch. While only Kenya has officially suspended its services, other countries, particularly in Europe, have also expressed concerns. France and the UK have reported investigations into the project's data security. On the day of its launch, Ethereum co-founder Vitalik Buterin published an essay highlighting four major risks related to the privacy of collected data and accessibility of the Orb device.
WLD Token Gains 7% In The Last 24 Hours
According to CoinMarketCap, Worldcoin token has experienced growth in the past week, with a 7% increase in the last 24 hours. However, it has yet to return to its initial release value of $3.1 and is currently hovering at $2.44.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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