Cryptocurrency Q&A Why was Worldcoin banned in Kenya?

Why was Worldcoin banned in Kenya?

TaegeukChampionCourageousHeart TaegeukChampionCourageousHeart Sun Mar 31 2024 | 7 answers 1612
I'm quite puzzled about the recent ban on Worldcoin in Kenya. As a cryptocurrency expert, I'm used to seeing new coins and tokens come and go, but this ban seems particularly strict. Could you please explain what prompted the Kenyan government to take such action? Was there a specific event or series of events that led to this decision? And what does this mean for the future of cryptocurrencies in Kenya? I'm really interested in hearing your thoughts and insights on this matter. Why was Worldcoin banned in Kenya?

7 answers

Stefano Stefano Tue Apr 02 2024
Worldcoin, a leading player in the realm of cryptocurrency and finance, aims to provide its users with a unique identifier known as the 'World ID'.

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Claudio Claudio Mon Apr 01 2024
The Kenyan government is known for its strict data protection policies, making any form of biometric data collection a highly sensitive matter.

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KDramaLegend KDramaLegend Mon Apr 01 2024
To achieve this, the company employs a cutting-edge technology wherein it scans the retinas of users through specialized devices referred to as 'orbs'.

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Giuseppe Giuseppe Mon Apr 01 2024
This practice, however, has raised concerns among Kenyan regulatory authorities, specifically the ICT watchdog.

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MysticStorm MysticStorm Mon Apr 01 2024
BTCC, a UK-based cryptocurrency exchange, has been operating in the global crypto market for years, offering secure and efficient trading services to its users.

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