- Kenya Kwanza Chief social media strategist Dennis Itumbi says he will pursue the return of worldcoin to Kenya
- He mentioned that he would put to use all the powers at his disposal to have the iris biometric cryptocurrency allowed in the country after it was banned
- According to Itumbi, the value of the worldcoin against the Kenyan shilling had appreciated over time, suggesting that it would be instrumental for the Kenyan youths to make money.
Kenya Kwanza Chief social media strategist Dennis Itumbi has stepped up to discuss the recent prohibition of the revolutionary iris biometric cryptocurrency, World Coin, highlighting its soaring value.
Speaking at an undisclosed event, Itumbi emphasized how this crypto sensation has skyrocketed since its arrival in Kenya, and hailed that it had life-changing opportunities for Kenyans.
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Asserting his determination, Itumbi pledged to champion the return of World Coin to Kenya, affirming his confidence in its potential.
He exclaimed,
“I firmly advocate for World Coin’s return to Kenya. I’ll fight tooth and nail across all platforms to ensure its reinstatement. From a mere Sh 7 before the ban, today it stands at Sh 48, and I foresee it hitting Sh 1,000 or even Sh 2,000 within a year. In seven years, you’ll reminisce about its humble beginnings at Sh 7, soaring to a staggering Sh 1 million.”
Kithure Kindiki
However, the fervor surrounding World Coin, which once captivated the nation’s youth, was abruptly halted last year when the government unanimously outlawed it.
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Interior Cabinet Secretary Kithure Kindiki clarified that the government’s decision aimed to evaluate the risks, legality, and authenticity associated with World Coin’s activities.
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In response to the ban, Kindiki stated,
“The government has immediately suspended World Coin’s operations and any similar entities engaging Kenyans until public agencies certify their risk-free nature. We’re conducting thorough inquiries and investigations to verify the legality and authenticity of these activities, ensuring the safety of harvested data and its intended use.”
Moreover, Kindiki emphasized the need for upfront assurance regarding public safety and financial transaction integrity involving a substantial number of citizens.
He warned of punitive measures against individuals or entities found promoting, assisting, or engaging in the prohibited activities.
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The suspension followed the scanning of over 350,000 eyeballs in Kenya, marking a pivotal moment in the nation’s cryptocurrency.
