CryptoMediaClub
Tuesday, October 6, 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

GMX’s Million-Dollar Mystery: Unmasking the Bug Bounty That Rocked DeFi

GMX’s Million-Dollar Mystery: Unmasking the Bug Bounty That Rocked DeFi

3 years ago
Bitfarms and Riot Reach Agreement With New Board Appointments

Bitfarms and Riot Reach Agreement With New Board Appointments

2 years ago
Hilbert Group Acquires Enigma Nordic in $32M Crypto Trading Deal

Hilbert Group Acquires Enigma Nordic in $32M Crypto Trading Deal

10 months ago
Dogecoin Reigns Over Bitcoin, Ethereum, and Litecoin in Trading Volume

Dogecoin Reigns Over Bitcoin, Ethereum, and Litecoin in Trading Volume

3 years ago

Categories

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

Highlights

Cardano just added the kind of token controls Wall Street wants and DeFi may hate

Two Enjin Chain Upgrades Await Governance Approval: Will They Pass?

Bitcoin futures drop $1.4B, but spot buyers step in to help

Bitcoin Price Could Reverse Following Tech Stocks, Peter Schiff Says

Cheap crypto capital hits wall as Bitfinex fee rule binds

Hyperliquid Data Now Live on Bloomberg Terminal as Trump Working to Bring The Platform to The US

Trending

Ethereum bears keep selling but ETH price stays near $2,700 as US spot ETFs record $206M in outflows
Analysis

Ethereum bears keep selling but ETH price stays near $2,700 as US spot ETFs record $206M in outflows

06.10.2026
0

Ethereum’s institutional demand is weakening around the same time derivatives positioning shows traders are selling aggressively without...

ApeCoin Price Tests Support Ahead of New York ApeFest Meetup

ApeCoin Price Tests Support Ahead of New York ApeFest Meetup

06.10.2026
XRP News: Clearpool’s XRPL Move Points to RLUSD

XRP News: Clearpool’s XRPL Move Points to RLUSD

06.10.2026
Cardano just added the kind of token controls Wall Street wants and DeFi may hate

Cardano just added the kind of token controls Wall Street wants and DeFi may hate

06.10.2026
Two Enjin Chain Upgrades Await Governance Approval: Will They Pass?

Two Enjin Chain Upgrades Await Governance Approval: Will They Pass?

06.10.2026
  • 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