Controversial cryptocurrency project Worldcoin is in advanced negotiations to resume operations in Kenya, more than four months after authorities suspended its activities there.
The operations will continue under new and stricter regulations that will be prescribed by parliament, local media report.
The company is reportedly expected to expand its activities to more locations within the country and will continue paying users stipends.
Worldcoin – a project of US artificial intelligence company OpenAI – was suspended in Kenya in August, over data privacy concerns.
Authorities in Kenya opened an investigation into the project.
A local MP claimed that the infra-red light used by Worldcoin’s eye-scanning orbs had harmed the eyes of some users, prompting a forensic analysis into the orb.
Wordcoin, however, told the BBC that the orb was safe and complies with international standard specifications.
Source:Fiilafmonline/BBC
