October 5

Kenyan Legislative Committee Calls for Worldcoin Shutdown in the Country

By Annie Njanja

A Kenyan parliamentary committee formed in August to investigate operations and activities of Sam Altman’s crypto project, Worldcoin, in the East African country, has recommended for it to be shut down.

The committee, in a report published today and seen by TechCrunch, called on Kenya’s ICT regulator, the Communication Authority, to disable Worldcoin’s physical and virtual presence “including blacklisting the IP addresses of related websites” until the country establishes proper regulations over virtual assets.

Photo courtesy of Markus Spiske.

Source: TechCrunch (link opens in a new window)

Finance, Technology
cryptocurrency, data, regulations