Tools for Advancement, a technology firm overseeing the Worldcoin initiative, has officially acknowledged the termination of its authorization in Kenya. The company’s legal chief, Thomas Scott, confirmed the receipt of this notification on Tuesday.
“Yes, we can affirm the revocation of the license,” responded Scott, addressing a query from Geoffrey Ruku, Member of Parliament for Mbeere North, regarding the company’s awareness of the license cancellation.
Scott and the company’s CEO, Alex Blania, appeared before the National Assembly’s Special Committee investigating the cryptocurrency initiative.
The license to operate had been granted by the Office of the Data Commissioner.
During his testimony, Blania appealed to the MPs to conclude that the company had not engaged in any misconduct.