Set data safety rules for cryptocurrency

Worldcoin

An attendant opens a customer's QR code while registering members of the public to the new Worldcoin cryptocurrency at KICC Nairobi on August 1, 2023.

Photo credit: Wilfred Nyangaresi | NMG

After several days of biometric data collection from Kenyans by the promoters of the cryptocurrency project WorldCoin, the government belatedly moved to clamp down on the exercise on Wednesday, citing risks that had been highlighted repeatedly by cyber security experts.

This uncoordinated approach to a potential public risk—there is still no clarity over the security of the collected data—has exposed the government’s lack of a comprehensive policy when it comes to handling cryptocurrency.

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