Kenyan parliamentary committee recommends shutdown of Worldcoin
The committee deemed Worldcoin and its partners’ activities criminal and called for legal action against them.
Policy
Kenya’s Interior Minister claims the U.S. prevented the arrest of Worldcoin executives
In a conflicting statement, a Worldcoin representative debunked the news, saying no executives were detained in Kenya.
Republic of Mauritius launches blockchain-based eVerify service
The eVerify service will be used in the education, health care, production, and legal sectors of the country.
Kenya’s Interior Minister hints at possible cryptocurrency ban
Kithure said that if the money in crypto trading cannot be traced until it enters a financial institution, he would hesitate to permit its use.
Kenya’s digital asset tax: death knell for crypto adoption?
The Kenyan government passed the Digital Assets Tax into law, mandating crypto users to pay a 3% tax anytime they exchange an asset.
Worldcoin denies using free tokens to induce users to sign up
Worldcoin CEO appeared before the Kenyan Parliament to defend the company’s operations and here are key insights from the session.
Trade in cryptocurrency not illegal: CBK Governor
The committee also summoned the CBK governor to explain why the Bank failed to detect the Worldcoin token payments made to Kenyans via M-Pesa.