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Worldcoin in Kenya: Live Updates

Carson O.
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2 months agoMarch 3, 2024 11:22 am

State of WorldCoin

The live Worldcoin price today is $7.56 with a 24-hour trading volume of $5.75M. WLD has a circulating supply of 143.59M coins and a max supply of 10.00B WLD.

Worldcoin, the crypto project aiming to create a universal digital identity system, had a tumultuous journey in Kenya in 2023. Launched in July, it garnered significant interest, with over 635,000 Kenyans downloading the app in its first month. However, concerns around data security and privacy led to its suspension by Kenyan authorities in August.

The Kenyan government expressed concerns about collecting and using users’ iris scans, a key component of Worldcoin’s verification process. Additionally, some lawmakers viewed the project as a potential threat to national sovereignty.

Following the suspension, Worldcoin engaged in discussions with the Kenyan government to address these concerns. The company claims to have made progress, with reports suggesting they are close to resuming operations in Kenya sometime in early 2024.

Here’s a summary of the current state of Worldcoin in Kenya:

  • Suspended in August 2023: Kenyan authorities halted Worldcoin’s operations due to data privacy and security concerns.
  • Talks with the government: Worldcoin has been in discussions with the Kenyan government to address these concerns and find a path forward.
  • Potential return in 2024: Reports suggest Worldcoin might be allowed to resume operations in Kenya in early 2024, subject to meeting specific regulatory requirements.

It’s important to note that this situation is developing, and the outcome remains uncertain. Whether Worldcoin successfully navigates the regulatory hurdles and regains the trust of Kenyan authorities is yet to be seen.

Acknowledging the ongoing debate surrounding Worldcoin’s approach to data collection and privacy is crucial. Users should carefully consider these aspects before engaging with the platform, should it return to Kenya.

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I am a multi-faceted professional with a strong foundation in Business and Finance, honed since 2020. Additionally, I possess a deep passion for automobiles, serving as an avid car enthusiast. In parallel to my diverse interests, I am also a dedicated student pursuing a career in the medical field.
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