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WorldCoin to Open its ID System for Government and Private Companies: Report


Sam Altman co-founded tech firm WorldCoin is extending its reach by enabling governments and private businesses to leverage its controversial iris-scanning and identity-verification technology, Reuters reported.  WorldCoin continues to attract regulatory scrutiny for its tech that is being used...

Kenyan Government Says It Has ‘Suspended’ Worldcoin Activities


The Kenyan interior ministry said on Aug.2 that Worldcoin’s activities in the country have been “suspended” in order to give government agencies an opportunity to assess the cryptocurrency project’s potential risks to public safety. The country’s interior minister...

Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System


An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using...

Double Standards in Finance: SBF’s Legal Troubles Spark Concerns


Cryptocurrencies and DeFi have shaken up the world of finance, but the spotlight on Sam Bankman-Fried (SBF), the mysterious FTX founder, has raised serious concerns about how the U.S. government handles financial regulation and fairness. SBF faces some serious accusations like misusing customer...

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