Registration For Worldcoin Cryptocurrency Halted Over Security Concerns

The registration of Kenyans into the newest cryptocurrency in town, Worldcoin, was halted on Tuesday over security concerns.

A credible source told Mpasho that the registration was halted after police intervened and asked the team in charge to turn away Kenyans. Police were also forced to drive away the large number of Kenyans who had shown up at KICC.

The Office of the Data Protection Commissioner (ODPC) had warned Kenyans against joining the cryptocurrency, saying that it requires a demonstration of proper safeguards under the Data Protection Act, 2019.

Despite the warnings, long queues were witnessed at KICC on Tuesday, with people from different parts of the country rushing to be part of the new Crypto technology.

Those joining Worldcoin are given 25 WLD tokens, which are equivalent to Sh7,786. The tokens are awarded after scanning one’s iris.

The registration was halted at around 1:30 pm, and the team in charge was asked to look for a larger location, such as Nyayo or Kasarani Stadiums, where the exercise could be carried out with less security issues.

It is unclear when the registration will resume.