🔥Hot News: Members of the Kenyan Parliament accused Eliud Owalo, Cabinet Secretary of the Ministry of Information, Communications and Digital Economy, of misleading the authorities with his report on Worldcoin’s local operations. The ad hoc committee investigation found that Worldcoin's actions "constituted espionage and posed a threat to the status of the nation" and asked the Criminal Investigation Bureau to investigate Tools for Humanity (TFH) Corp and Tools for Humanity GmbH, the foreign companies suspected of operating illegally in Kenya. 🔍
The committee also wants Parliament to harmonize laws to regulate the country’s cryptocurrency regime. The findings revealed that neither company appears in the Business Registration Service database of registered businesses or companies in Kenya and therefore lacks legal authority to conduct business in Kenya. 📋
Previously, Kenya’s Interior Cabinet Minister Kithure Kindiki claimed that U.S. authorities prevented the country from detaining several executives of cryptocurrency project Worldcoin, who are U.S. citizens. A spokesperson for Worldcoin’s parent company confirmed to local media Nation that Worldcoin co-founder and CEO Alex Blania and its chief legal counsel Thomas Scott were among the people arrested by Kenyan authorities at Nairobi Airport. 💼
Kenya decided on August 2 to ban the Worldcoin project from operating and set up an independent committee to investigate its impact. During the committee hearing, Kindiki said the United States prevented authorities from detaining the men because Blania, Scott and other Worldcoin executives had not yet been "found guilty." ⚖️
The committee also wants Parliament to harmonize laws to regulate the country’s cryptocurrency regime. The findings revealed that neither company appears in the Business Registration Service database of registered businesses or companies in Kenya and therefore lacks legal authority to conduct business in Kenya. 📋
Previously, Kenya’s Interior Cabinet Minister Kithure Kindiki claimed that U.S. authorities prevented the country from detaining several executives of cryptocurrency project Worldcoin, who are U.S. citizens. A spokesperson for Worldcoin’s parent company confirmed to local media Nation that Worldcoin co-founder and CEO Alex Blania and its chief legal counsel Thomas Scott were among the people arrested by Kenyan authorities at Nairobi Airport. 💼
Kenya decided on August 2 to ban the Worldcoin project from operating and set up an independent committee to investigate its impact. During the committee hearing, Kindiki said the United States prevented authorities from detaining the men because Blania, Scott and other Worldcoin executives had not yet been "found guilty." ⚖️