Kenya Attorney General's Office: Worldcoin operates illegally in the country
Date: 2023-08-30 Author: Karina Ziganova Categories: BUSINESS
Kenya Attorney General Justin Muturi said Worldcoin was operating illegally in the country. Local media reported this. Muturi claims that the company is not registered as a commercial company in order to do its job properly.
To the best of our knowledge, Worldcoin is not listed as a registered commercial company in the database. This directly contradicts the law, which states that all foreign companies are required to register,” the prosecutor added.
Muturi also said that the parent company of Worldcoin - Tools for Humanity operates illegally in the country.
In addition, Kenya's national computer cybercrime coordinating committee (NC4) warns of the dangers of the project's activities. He considers his activities a threat to the national and economic security of the country.
Risks Wordcoin is the main risk for NC4, director James Kimuyu said. He stated that the main reason for concern is the collection of biometric data. He also clarified that the use of blockchain and cryptocurrencies in the project can create competition for traditional financial systems. He also mentioned the possibility of tax evasion.
In Kenya, police raided the internal offices of Tools For Humanity in early August under the guise of an interagency team.
