Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Kenya forms parliamentary committee to investigate Worldcoin

CryptoExpert by CryptoExpert
August 21, 2023
in Regulation
0
Kenya forms parliamentary committee to investigate Worldcoin
  • Facebook
  • Twitter
  • Pinterest



You might also like

Michaël van de Poppe Names 3 Altcoins He’s Betting on Ahead of the CLARITY Act

UK Lords Warn BoE on Strict GBP Stablecoin Rules

SEC Lists Crypto Rules First in New Regulatory Priorities

The Worldcoin cryptocurrency project has run into another roadblock, this time in Kenya where the government has formed a 15-member parliamentary committee to investigate the controversial asset.

The Kenyan government formed a 15-member parliamentary committee headed by Narok West MP Gabriel Tongoyo to look into the controversial crypto project, reported a local daily. The parliamentary committee has 42 days to investigate the project and submit its report to the House committee.

Cointelegraph reached out to the MP to get some insights into their concerns and case against Worldcoin but didn’t get a response by publishing time.

The parliamentary investigation into the crypto project comes nearly three weeks after Kenya suspended Worldcoin’s operations after the project failed to comply with government orders to stop scanning users’ iris.

Phemex

The Interior Cabinet Secretary Kindiki Kithure who has played a key role in suspending Worldcoin operations told the House committee that the government is concerned by Worldcoin’s activities registrating citizens and collecting eyeball/iris data, all of which he claims pose serious security risks.

Related: Worldcoin launch sparks debate over data privacy and future of AI

Apart from the parliamentary committee, the Worldcoin project has faced an all-out rejection from the various regulatory bodies in Kenya. The court also suspended Worldcoin’s activities after a case filed by the office of the data commissioner. The court ordered that the data already collected by Worldcoin between April last year and August 2023 must be preserved pending completion of the lawsuit.

Worldcoin, a digital ID-focused crypto project that offers its native cryptocurrency WLD coin for scanning the iris of users, launched amid controversies and hype. The project onboarded nearly 2 million users during its trial phase. However, as the project launched for the public in more than a dozen countries, various reports of the project’s controversial tactics surfaced, prompting governments in Nigeria, the UK, Argentina, Germany and Kenya to investigate the project.

Magazine: ‘Moral responsibility’: Can blockchain really improve trust in AI?



Source link

  • Facebook
  • Twitter
  • Pinterest
CryptoExpert

CryptoExpert

Recommended For You

Michaël van de Poppe Names 3 Altcoins He’s Betting on Ahead of the CLARITY Act

by CryptoExpert
June 3, 2026
0
Michaël van de Poppe Names 3 Altcoins He’s Betting on Ahead of the CLARITY Act

As the U.S. Senate prepares for a crucial phase of discussions around the CLARITY Act, investors are increasingly debating whether the legislation will become a major catalyst for...

Read more

UK Lords Warn BoE on Strict GBP Stablecoin Rules

by CryptoExpert
June 3, 2026
0
Cointelegraph

The United Kingdom should press ahead with stablecoin regulation but avoid rules that make a pound sterling stablecoin market commercially unworkable, a House of Lords committee warned in...

Read more

SEC Lists Crypto Rules First in New Regulatory Priorities

by CryptoExpert
June 2, 2026
0
SEC Lists Crypto Rules First in New Regulatory Priorities

Key TakeawaysThe SEC put digital asset regulation at the forefront of its new policy agenda.The regulator views clearer crypto rules as part of a broader effort to support...

Read more

EDGE Token Crashes 74% in Hours as ZachXBT Questions Market Manipulation Claims

by CryptoExpert
June 2, 2026
0
Why Hedera Could Be One of June’s Top Altcoin Plays

EDGE suffered a sell-off over the past 24 hours, falling from $1.15 to around $0.65. The token briefly plunged as low as $0.37 before recovering part of its...

Read more

Japan’s Ruling Party Pushes Crypto ETFs, Yen-Denominated Stablecoins

by CryptoExpert
June 2, 2026
0
Cointelegraph

A group of lawmakers within Japan’s Liberal Democratic Party (LDP) are seeking reforms to the country's cryptocurrency taxation system, as well as support for initiatives for the development...

Read more
Next Post
Here is How Much He Lost

Here is How Much He Lost

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 66,251.00
ethereum
Ethereum (ETH) $ 1,844.18
tether
Tether (USDT) $ 0.998591
bnb
BNB (BNB) $ 634.77
usd-coin
USDC (USDC) $ 0.999618
xrp
XRP (XRP) $ 1.22
solana
Solana (SOL) $ 73.73
tron
TRON (TRX) $ 0.334083
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?