CryptoMediaClub
Thursday, October 29, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Altcoins

Worldcoin cryptocurrency project suspended in Kenya

06.08.2023
A A
0
129
VIEWS
ShareShare

The new cryptocurrency and digital identity project, Worldcoin, is facing a rough start in Kenya, with the government halting all local activity associated with it.

Kenya’s minister of internal security took to Facebook on Aug. 2 to announce that the country has suspended the activities of Worldcoin until relevant public agencies had certified the absence of risks to Kenyans.

“Relevant security, financial services and data protection agencies have commenced inquiries and investigations to establish the authenticity and legality of the aforesaid activities,” Minister Kithure Kindiki said in a statement.

The statement by Kenya’s minister of internal security on Worldcoin. Source: Facebook

The minister stressed that the government of Kenya is specifically concerned with Worldcoin collecting crucial identification information like iris scans in exchange for a digital ID.

“Appropriate action will be taken on any natural or juristic person who furthers, aids, abets or otherwise engages in or is connected with the activities afore described,” the statement said.

Related: Worldcoin rebuts reports of lackluster takeup as Altman cites Japan queues

As previously reported by Cointelegraph, the Worldcoin project was officially launched on July 24, 2023, after three years of development. The project was co-founded by Sam Altman, the CEO of OpenAI — the firm behind the popular artificial intelligence (AI)-based chatbot ChatGPT.

Worldcoin’s mission builds on expectations that it will become too difficult to differentiate between humans and online bots as AI technology grows. To differentiate humans from AI, the startup created a digital ID system based on proof-of-personhood. Such a digital ID is generated by scanning an individual’s iris and giving them a World ID.

Magazine: Tokenizing music royalties as NFTs could help the next Taylor Swift

Share10Tweet6ShareSharePin2

Related Posts

Solana gains 80% in a month as Firedancer goes live on testnet
Altcoins

Solana gains 80% in a month as Firedancer goes live on testnet

02.11.2023
0

Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the...

Read moreDetails
Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

30.10.2023
Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

30.10.2023
Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

27.10.2023
FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

27.10.2023
Load More
Next Post
Tether unveils mining software to boost efficiency and capacity

Tether unveils mining software to boost efficiency and capacity

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Google Cloud Expands BigQuery with 11 New Blockchains, Including Ethereum’s Görli Testnet

3 years ago
South Korea: USDT OTC ‘Thief’ ‘Runs off With $167,000 in Money’

South Korea: USDT OTC ‘Thief’ ‘Runs off With $167,000 in Money’

2 years ago
Investors find a new safe haven in Tradecurve, while Bitcoin shows uncertainty

Investors find a new safe haven in Tradecurve, while Bitcoin shows uncertainty

3 years ago
Is DogWifHat at Risk? WIF Tumbles 31% as Capital Moves to New Solana Meme Coin

Is DogWifHat at Risk? WIF Tumbles 31% as Capital Moves to New Solana Meme Coin

3 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Only 10% of FOMO app’s Solana wallets were profitable after fees

Sony Sonenium Incubation Program Targets PlayStation Games and Anime

Fed’s divided rate decision threatens Bitcoin’s comeback as December hike looms

Bitwise Raises Bitcoin Price Target to $1.6 Million as Institutional Demand Grows

Bitcoin could reach $1.6 million by 2036, but 82% of the forecast rests on one bet

Canton Network and DTCC Bring $30T in Securities to Blockchain

Trending

Mark Zuckerberg’s Meta AI Predicts a Near Protocol Explosion
All news

Mark Zuckerberg’s Meta AI Predicts a Near Protocol Explosion

29.10.2026
0

Something potentially transformative could hit NEAR Protocol by January 1, 2027. Mark Zuckerberg’s Meta AI predicts that...

Circle wants SEC to erase a costly Wall Street rule holding stablecoins back

Circle wants SEC to erase a costly Wall Street rule holding stablecoins back

29.10.2026
Ripple Closes to $1B Revenue as $63T BNY Adds XRP Custody

Ripple Closes to $1B Revenue as $63T BNY Adds XRP Custody

29.10.2026
Only 10% of FOMO app’s Solana wallets were profitable after fees

Only 10% of FOMO app’s Solana wallets were profitable after fees

29.10.2026
Sony Sonenium Incubation Program Targets PlayStation Games and Anime

Sony Sonenium Incubation Program Targets PlayStation Games and Anime

29.10.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz