ADVERTISEMENT
Africanian
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
No Result
View All Result
Africanian
No Result
View All Result
Home Business

Kenya: Govt Suspends World Coin Activities in Kenya

The CS has ordered a probe on the safety and protection of the data being harvested, and how the harvesters intend to use the data.

in Business, News, Tech
Reading Time: 2 mins read
0 0
0
Kenya: Govt Suspends World Coin Activities in Kenya
0
SHARES
Share on FacebookShare on TwitterShare via Whatsapp

Nairobi — The government has suspended all activities associated with the cryptocurrency project WorldCoin in Kenya until risks to the public are assessed. According to Interior Cabinet Secretary Kithure Kindiki, the suspension will remain in effect until relevant security, financial services and data protection agencies establish the authenticity and legality of their activities.

Read More: The Vital Role of Social Networking Services for Tech Startups and Business Incubators

The CS has ordered a probe on the safety and protection of the data being harvested, and how the harvesters intend to use the data.

“Relevant security, financial services and data protection agencies have commenced inquiries and investigations to establish the authenticity and legality of the aforesaid activities, the safety and protection of the data being harvested, and how the harvesters intend to use the data,” he stated.

Kindiki added that anybody found further aiding or engaging in the activities will be dealt with as prescribed by law.

More

Dreams Talks: Kicking Goals With Femi Raji —NFF Comms Chief

XI ProCom Congress Highlights Entrepreneurial Path for Journalism’s Future

Pan-African Technology Group Partners with Atlas AI to drive African Digital Transformation

Worldcoin, owned by American Artificial Intelligence is registered by having an individual scan their iris and they receive 25 free WLD. The tokens are currently valued at over 7,000 Shillings.

Read More: The Growing Business of ‘Gig Work’ in Africa

Thousands of Kenyans have this week flocked Kenyatta International Conference Center to sign up for the project, despite some admittedly not knowing what cryptocurrency is all about.

Africanian

Africanian

  • Trending
  • Comments
  • Latest
Equatorial Guinea: Dreams Hub Hosts Finals of Pitch your Dreams

Equatorial Guinea: Dreams Hub Host Finals of Pitch your Dreams

September 23, 2023
Digital Ecosystem: Value Proposal by Dreams Hub to Bioko Chamber of Commerce, Equatorial Guinea

Digital Ecosystem: Value Proposal by Dreams Hub to Bioko Chamber of Commerce, Equatorial Guinea

September 26, 2023
Equatorial Guinea: Dreams Hub’s Fifth Scholarship Cohort Certification

Equatorial Guinea: Dreams Hub’s Fifth Scholarship Cohort Certification

September 22, 2023
Dreams Talks: Kicking Goals With Femi Raji —NFF Comms Chief

Dreams Talks: Kicking Goals With Femi Raji —NFF Comms Chief

September 28, 2023
XI ProCom Congress Highlights Entrepreneurial Path for Journalism’s Future

XI ProCom Congress Highlights Entrepreneurial Path for Journalism’s Future

September 28, 2023
Pan-African Technology Group Partners with Atlas AI to drive African Digital Transformation

Pan-African Technology Group Partners with Atlas AI to drive African Digital Transformation

September 28, 2023
Africanian

Copyright © 2022 Africanian.com.

Follow Us

No Result
View All Result
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Entertainment
  • Tech
  • Travel
  • World

Copyright © 2022 Africanian.com.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.