๐จKenyan MPs call for Worldcoin's crypto project shutdown!๐จ
A Kenyan parliamentary panel has urged the country's IT regulator to shut down Worldcoin's cryptocurrency project due to privacy concerns and the need for stronger regulations.๐
Key points:
- Worldcoin scans users' irises for digital IDs, raising privacy issues
- The project was suspended in August but continues to operate virtually
- The panel wants Worldcoin's virtual platforms disabled and IP addresses blacklisted
- Worldcoin faces scrutiny in other countries, including Britain, Germany, and France
๐๏ธThe panel's investigation revealed potential issues with scanning minors' eyes, as there was no age-verification mechanism during the process. Critics argue that offering a monetary award of over $50 for iris scans borders on inducement.
๐The panel has called for the development of regulations governing crypto assets and companies providing cryptocurrency services, and for the police to investigate Tools for Humanity, the company behind Worldcoin.
What do you think about the Kenyan government's concerns? Share your thoughts in the comments!๐
A Kenyan parliamentary panel has urged the country's IT regulator to shut down Worldcoin's cryptocurrency project due to privacy concerns and the need for stronger regulations.๐
Key points:
- Worldcoin scans users' irises for digital IDs, raising privacy issues
- The project was suspended in August but continues to operate virtually
- The panel wants Worldcoin's virtual platforms disabled and IP addresses blacklisted
- Worldcoin faces scrutiny in other countries, including Britain, Germany, and France
๐๏ธThe panel's investigation revealed potential issues with scanning minors' eyes, as there was no age-verification mechanism during the process. Critics argue that offering a monetary award of over $50 for iris scans borders on inducement.
๐The panel has called for the development of regulations governing crypto assets and companies providing cryptocurrency services, and for the police to investigate Tools for Humanity, the company behind Worldcoin.
What do you think about the Kenyan government's concerns? Share your thoughts in the comments!๐