Kenya forms parliamentary committee to investigate Worldcoin

The Worldcoin cryptocurrency challenge has run into one other roadblock — this time in Kenya, the place the federal government has shaped a 15-member parliamentary committee to research the controversial asset.

The Kenyan authorities shaped a 15-member committee headed by Narok West Member of Parliament Gabriel Tongoyo to look into the controversial crypto challenge, reported an area every day. The parliamentary committee has 42 days to research the challenge and submit its report back to the Home committee.

Cointelegraph reached out to the MP to get some insights into his issues and case towards Worldcoin however didn’t get a response by publishing time.

The parliamentary investigation into the crypto challenge comes practically three weeks after Kenya suspended Worldcoin’s operations after the challenge didn’t adjust to authorities orders to stop scanning customers’ iris.

The Inside Cupboard Secretary Kithure Kindiki, who has performed a key position in suspending Worldcoin operations, informed the Home committee that the federal government is anxious by Worldcoin’s actions registering residents and amassing iris knowledge, all of which he claims pose severe safety dangers.

Associated: Worldcoin launch sparks debate over data privacy and future of AI

Other than the parliamentary committee, the Worldcoin challenge has confronted an all-out rejection from the varied regulatory our bodies in Kenya. The court docket additionally suspended Worldcoin’s actions after a case filed by the workplace of the information commissioner. The court docket ordered that the information already collected by Worldcoin between April final 12 months and August 2023 should be preserved pending completion of the lawsuit.

Worldcoin, a digital ID-focused crypto challenge that provides its native cryptocurrency, WLD coin, for scanning the iris of customers, launched amid controversies and hype. The challenge onboarded practically 2 million customers throughout its trial part. Nevertheless, because the challenge launched for the general public in additional than a dozen nations, numerous experiences of the challenge’s controversial techniques surfaced, prompting governments in Nigeria, the UK, Argentina, Germany and Kenya to research the challenge.

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