Communication Authority, Data Commission raise concern over Worldcoin operations in Kenya

As a result of the issues raised, the state says there is a need for an inquiry to enable regulators and stakeholders to come up with appropriate measures to protect the public.

"Controversies around WorldCoin are not new. Similar concerns have been raised in other jurisdictions such as Germany, France, the United Kingdom, and India."

"Arising from these preliminary observations, a multi-agency investigation is underway. Consequently, and as directed by the Government, the WorldCoin must cease its data collection activities in Kenya until further notice."

A Berlin-based company, Tools for Humanity, runs Worldcoin.

The company was co-founded by Sam Altman, OpenAI boss, and Alex Blania and one other.

Tools for Humanity website reads that it is a technology company built to ensure a "more just economic system". It re-directs visitors to the WorldCoin website.

According to a report by Reuters, Altman has said that Worldcoin helps address how the economy will be reshaped by generative AI technology.

"The Worldcoin protocol is intended to be the world's largest identity and financial public network, open to everyone regardless of their country, background or economic status," states its website.

Worldcoin has claimed over two million sign-ups across the world around a week after its official launch on July 24, reports show.

Seemingly, what differentiates WorldCoin from many existing cryptocurrencies is its use of biometrics.

Its unique method of sign-up, involving scanning of irises, has rung alarm bells in countries such as France and Germany.

Hundreds of Kenyans have also been queuing in various signup spots to join the newest technology product.

However, the government has halted Worldcoin operations pending investigations amid security threats.