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Worldcoin, the iris biometric crypto project, has reportedly reached an agreement with Kenyan authorities which allows it to resume operations in the African country. Worldcoin representatives are said to be “working directly with regulators to meet Kenya’s requirements.”
Worldcoin to Restart Kenyan Iris Scanning in Early 2024
According to a report, Worldcoin representatives may have reached an agreement with Kenyan authorities which allows the iris biometric cryptocurrency project to resume operations under new guidelines. The report, which cites unnamed sources, said this is likely to happen sometime in early 2024.
The claim that Worldcoin is set to resume distributing its WLD tokens to users who agree to have their eyeballs scanned comes just a few months after Kenyan authorities suspended such activities. As reported by Bitcoin.com News, Kenyan regulators were adamant that Worldcoin did not have the necessary license to carry out its activities in the East African country.
Following the suspension, Worldcoin representatives visited Kenya where they made an appearance before the country’s legislative body. However, according to a Citizen Digital report, Worldcoin may have satisfied concerns initially raised by regulators.
“Worldcoin is working directly with regulators to meet Kenya’s requirements, particularly as the Assembly considers new regulations. Stipends will remain and will expand to locations across the country,” the unnamed source reportedly said.
The report, however, did not reveal when the Kenyan parliament is expected to pass new data regulations which will guide entities like Worldcoin.