On Wednesday, Kenya’s interior ministry made a significant announcement, suspending the cryptocurrency project Worldcoin until further notice. The decision came as a precautionary measure to ensure public safety, and the suspension will remain in effect until relevant agencies can thoroughly assess the project to ensure it is devoid of risk.
Prior to the suspension, Kenya boasted a large number of venues, approximately 18, where individuals could visit “Orb” stations to verify their World IDs using the company’s spherical and mirrored iris-scanners.
However, due to overwhelming demand, the Orb operators moved their stations to the Kenyatta International Convention Centre (KICC) to accommodate the large number of people seeking verification.
Worldcoin: Privacy Concerns And Watchdog Scrutiny
Worldcoin, co-founded by OpenAI’s CEO Sam Altman, has been facing extensive scrutiny from privacy watchdogs due to its unique…