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Nairobi Blocks Virtual Currency Platform

This week, Kenya announced that it was suspending the Worldcoin cryptocurrency, whose verification system is based on iris recognition, pending the outcome of investigations into “the security and protection of data” collected by the company. Launched at the end of June in Germany by OpenAI boss Sam Altman, the Worldcoin system is also under investigation by European regulators, notably in France and Germany. Worldcoin is intended to become a kind of blockchain-based digital passport, enabling users to prove their identity online without sharing personal data. To obtain this sesame, users must undergo an iris scan by an “orb”, a biometric device designed by Worldcoin.