Worldcoin in Talks to Resume Operations in Kenya
Date: 2023-12-20 Author: Dima Zakharov Categories: BLOCKCHAIN
Worldcoin, a project launched earlier this year by Tools for Humanity, co-founded by OpenAI CEO Sam Altman, had expanded its operations to Kenya. However, local authorities halted its activities in early August over privacy and personal data usage concerns. In response, a special bipartisan committee of 15 members was formed to investigate the project's activities.
This committee called for the suspension of the company's physical presence in Kenya until a legal framework for regulating virtual assets and virtual service providers is established. Worldcoin's press service had previously stated that they had not seen any official statement from the committee.
Now, there is news of an agreement between Worldcoin's leadership and the government that would allow the American firm to resume operations in Kenya under new regulations. According to high-ranking sources in government circles, work could potentially restart in early 2024. Worldcoin is actively collaborating with regulatory bodies to meet Kenya's requirements.
This development marks a significant turn of events for Worldcoin, as it strives to regain a foothold in the Kenyan market while addressing the concerns raised by authorities regarding data privacy.
