Kenya Forms a Parliamentary Committee to Investigate Worldcoin!

The post Kenya Forms a Parliamentary Committee to Investigate Worldcoin! appeared first on Coinpedia Fintech News

The Kenyan government has created a parliamentary committee to investigate a controversial crypto project in the country. The 15-member committee, led by Narok West MP Gabriel Tongoyo, has been given 42 days to look into the matter and present its findings to the House committee. The move comes amid concerns about the legitimacy of the crypto project and its potential impact on the country’s economy. The Kenyan government has been taking steps to regulate the crypto industry in recent months, with a new framework being developed to address issues such as money laundering and fraud.