Sharp Daily
No Result
View All Result
Friday, June 27, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kindiki confirms recovery of 48 Worldcoin orbs and gadgets for forensic analysis

Brian Murimi by Brian Murimi
September 14, 2023
in News
Reading Time: 2 mins read

Kenyan authorities have seized 48 orbs, electronic gadgets and other items from agents of two companies linked to Worldcoin, a digital cryptocurrency that verifies people by scanning their irises, Interior Cabinet Secretary Kithure Kindiki said Thursday.

Kindiki told a parliamentary committee that the agents, working for Tools for Humanity Corporation and Tools for Humanity Gmbh, were illegally collecting biometric data and giving people about KES 7,000 worth of Worldcoin tokens in exchange.

The items are currently undergoing forensic analysis by national security agencies.

Read more: Parliament gives nod to Andrew Musangi as new CBK board chair

RELATEDPOSTS

Kindiki announces further reduction in lending rates for March 2025

February 19, 2025

Kenya to allocate KES 1.82 billion for cryptocurrency regulation

January 15, 2025

“The investigations will be expedited in consideration of the public interest and national security concerns, and those found culpable shall be prosecuted in accordance with the law,” Kindiki said.

Kindiki noted the links between cryptocurrency, money laundering and terrorism financing. He said there are currently gaps in Kenya’s cybersecurity and cybercrime prevention laws, particularly in the Data Protection Act of 2021.

“There is a correlation between cryptocurrency, money laundering, and financing of terrorism,” Kindiki said.

To address these issues, Kindiki said a task force has been established to develop regulations under the 2018 Computer Misuse and Cybercrimes Act that will “help address gaps in cybersecurity and cybercrime prevention and give full effect to the Act.”

Read more: Kenyan Government to Tax Cryptocurrencies and NFTs

“There exists a legal and regulatory gap in cybersecurity and cybercrime prevention in the Data Protection Act No. 18 of 2021,” he said.

The investigation into Worldcoin’s activities follows rising concerns in Kenya over how the company was planning to use the biometric data it collected. There has been public backlash regarding Worldcoin’s intended use of the data after initial outreach efforts in the country.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Parliament gives nod to Andrew Musangi as new CBK board chair

Next Post

Fuel prices in Kenya hit historic high, passing KES 200 mark

Brian Murimi

Brian Murimi

Brian Murimi is a journalist with major interests in covering tech, corporates, startups and business news. When he's not writing, you can find him gaming, watching football or sipping a nice cup of tea. Send tips via bireri@thesharpdaily.com

Related Posts

Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025

LATEST STORIES

The mechanics of currency manipulation

June 27, 2025

Understanding how to access your pension savings in Kenya.

June 27, 2025

What happened to president Ruto’s economic dream?

June 27, 2025

Opinion: Populism feeds votes, not growth

June 27, 2025

Competitive advantages of small businesses

June 26, 2025

Opinion: Invest in sports for national prosperity

June 26, 2025

Ethiopia’s access to Eritrean ports is a game-changer for trade

June 26, 2025

The importance of internships and mentorship for young graduates: Insights from Cytonn Young Leaders Programme

June 26, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024