WORLDCOIN
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š²Circleās $USDC and cross-chain transfer protocol are coming to World Chain š±
šµ Circleās stablecoin USDC and cross-chain transfer protocol will be integrated into Sam Altmanās World project, allowing users to convert their bridged USDC into native stablecoins.
The integration would allow nearly two million verified users on World who already hold bridged USDC in their World App wallets to convert them into native USDC.
This means all their stablecoin assets will be backed on a 1:1 ratio with U.S. dollars and other cash-equivalent assets.
Next, eligible businesses registered on the World Chain will be able to access institutional on/off-ramps via Circle Mint.
Additionally, developers can build using USDC directly into World App Mini Apps and tap into its globally distributed blockchain.
Most recently, World announced its expansion into the U.S, making it available for users living in Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco.
The project previously faced backlash from countries like Brazil and Hong Kong over privacy concerns due to the projectās iris-scanning verification system.
$USDC
#Worldcoin
šµ Circleās stablecoin USDC and cross-chain transfer protocol will be integrated into Sam Altmanās World project, allowing users to convert their bridged USDC into native stablecoins.
The integration would allow nearly two million verified users on World who already hold bridged USDC in their World App wallets to convert them into native USDC.
This means all their stablecoin assets will be backed on a 1:1 ratio with U.S. dollars and other cash-equivalent assets.
Next, eligible businesses registered on the World Chain will be able to access institutional on/off-ramps via Circle Mint.
Additionally, developers can build using USDC directly into World App Mini Apps and tap into its globally distributed blockchain.
Most recently, World announced its expansion into the U.S, making it available for users living in Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco.
The project previously faced backlash from countries like Brazil and Hong Kong over privacy concerns due to the projectās iris-scanning verification system.
$USDC
#Worldcoin
Worldcoin (WLD) edges toward a critical juncture.
A new technical analysis published by Ecoinimist highlights how WLD is currently consolidating just below a key resistance level at $0.948. While the 20-day EMA is starting to trend upward, short-term momentum remains cautious. Indicators like the MACD and RSI point to indecision in the marketāsetting the stage for a potential breakout or breakdown.
Traders are eyeing $1.213 as the next major resistance if WLD pushes higher, while support levels at $0.816 and $0.756 could come into play if bearish pressure returns.
Read the full analysis: www.ecoinimist.com/2025/05/07/worldcoin-price-bullish-meets-tightening
#Worldcoin #WLD #cryptotrading #TechnicalAnalysis $WLD
A new technical analysis published by Ecoinimist highlights how WLD is currently consolidating just below a key resistance level at $0.948. While the 20-day EMA is starting to trend upward, short-term momentum remains cautious. Indicators like the MACD and RSI point to indecision in the marketāsetting the stage for a potential breakout or breakdown.
Traders are eyeing $1.213 as the next major resistance if WLD pushes higher, while support levels at $0.816 and $0.756 could come into play if bearish pressure returns.
Read the full analysis: www.ecoinimist.com/2025/05/07/worldcoin-price-bullish-meets-tightening
#Worldcoin #WLD #cryptotrading #TechnicalAnalysis $WLD
š²Circleās USDC and cross-chain transfer protocol are coming to World Chain š±
šµ Circleās stablecoin USDC and cross-chain transfer protocol will be integrated into Sam Altmanās World project, allowing users to convert their bridged USDC into native stablecoins.
The integration would allow nearly two million verified users on World who already hold bridged USDC in their World App wallets to convert them into native USDC.
This means all their stablecoin assets will be backed on a 1:1 ratio with U.S. dollars and other cash-equivalent assets.
Next, eligible businesses registered on the World Chain will be able to access institutional on/off-ramps via Circle Mint.
Additionally, developers can build using USDC directly into World App Mini Apps and tap into its globally distributed blockchain.
Most recently, World announced its expansion into the U.S, making it available for users living in Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco.
The project previously faced backlash from countries like Brazil and Hong Kong over privacy concerns due to the projectās iris-scanning verification system.
$USDC #Worldcoin
šµ Circleās stablecoin USDC and cross-chain transfer protocol will be integrated into Sam Altmanās World project, allowing users to convert their bridged USDC into native stablecoins.
The integration would allow nearly two million verified users on World who already hold bridged USDC in their World App wallets to convert them into native USDC.
This means all their stablecoin assets will be backed on a 1:1 ratio with U.S. dollars and other cash-equivalent assets.
Next, eligible businesses registered on the World Chain will be able to access institutional on/off-ramps via Circle Mint.
Additionally, developers can build using USDC directly into World App Mini Apps and tap into its globally distributed blockchain.
Most recently, World announced its expansion into the U.S, making it available for users living in Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco.
The project previously faced backlash from countries like Brazil and Hong Kong over privacy concerns due to the projectās iris-scanning verification system.
$USDC #Worldcoin
Kenya Shuts Down Worldcoinās Biometric Data Collection
Big blow for Worldcoin!
A Kenyan High Court has ordered the Sam Altmanāled crypto project to stop collecting, processing, and storing biometric data immediately.
Why?
No completed Data Protection Impact Assessment
Violations of Kenyaās Data Protection Act
Court demands deletion of all previously collected biometric data within 7 days
No more crypto incentives for signups
Justice Aburili Roselyne backed the Katiba Institute, which has long warned against Worldcoinās iris and facial scans via the Orb device.
But itās not just Kenyaā¦
Indonesia has also suspended Worldcoin, citing:
Unregistered operations
Use of unauthorized entities
Breach of electronic systems law
This raises serious red flags about how Worldcoin handles privacy and compliance on a global scale.
Privacy > Hype?
#Worldcoin #CryptoNews #BinanceSquare #Kenya #Indonesia #Web3 #CryptoRegulation
Do you think biometric data should be part of crypto onboarding?
Share your thoughts below!
ā¬ļø
Big blow for Worldcoin!
A Kenyan High Court has ordered the Sam Altmanāled crypto project to stop collecting, processing, and storing biometric data immediately.
Why?
No completed Data Protection Impact Assessment
Violations of Kenyaās Data Protection Act
Court demands deletion of all previously collected biometric data within 7 days
No more crypto incentives for signups
Justice Aburili Roselyne backed the Katiba Institute, which has long warned against Worldcoinās iris and facial scans via the Orb device.
But itās not just Kenyaā¦
Indonesia has also suspended Worldcoin, citing:
Unregistered operations
Use of unauthorized entities
Breach of electronic systems law
This raises serious red flags about how Worldcoin handles privacy and compliance on a global scale.
Privacy > Hype?
#Worldcoin #CryptoNews #BinanceSquare #Kenya #Indonesia #Web3 #CryptoRegulation
Do you think biometric data should be part of crypto onboarding?
Share your thoughts below!
ā¬ļø
This image says it all.
#WLD at almost $1? Crickets.
#WLDāāā at $20? Everyoneās scrambling to get in.
Thatās retail psychology ā chasing pumps, ignoring value.
But the real players?
They buy the fear, stack in silence, and cash out when the hype kicks in.
$WLD isnāt dead ā itās on sale.
While the crowd sleepsā¦ smart money stacks.
Donāt be the one buying the top.
Be the legend who saw the future at $1.
#Worldcoin ā¤ļøāš„
#WLD at almost $1? Crickets.
#WLDāāā at $20? Everyoneās scrambling to get in.
Thatās retail psychology ā chasing pumps, ignoring value.
But the real players?
They buy the fear, stack in silence, and cash out when the hype kicks in.
$WLD isnāt dead ā itās on sale.
While the crowd sleepsā¦ smart money stacks.
Donāt be the one buying the top.
Be the legend who saw the future at $1.
#Worldcoin ā¤ļøāš„
This image says it all.
#WLD at almost $1? Crickets.
#WLDāāā at $20? Everyoneās scrambling to get in.
Thatās retail psychology ā chasing pumps, ignoring value.
But the real players?
They buy the fear, stack in silence, and cash out when the hype kicks in.
$WLD isnāt dead ā itās on sale.
While the crowd sleepsā¦ smart money stacks.
Donāt be the one buying the top.
Be the legend who saw the future at $1.
#Worldcoin
#WLD at almost $1? Crickets.
#WLDāāā at $20? Everyoneās scrambling to get in.
Thatās retail psychology ā chasing pumps, ignoring value.
But the real players?
They buy the fear, stack in silence, and cash out when the hype kicks in.
$WLD isnāt dead ā itās on sale.
While the crowd sleepsā¦ smart money stacks.
Donāt be the one buying the top.
Be the legend who saw the future at $1.
#Worldcoin
šØ JUST IN : Kenyaās High Court has ordered World Foundation, the entity behind #Worldcoin , to delete all biometric data collected from local users.
š„#NEWS | š°#CRYPTO
š„#NEWS | š°#CRYPTO
#Worldcoin ($WLD ) is on fireš„š„š„š„, currently trading at $0.898 with a daily gain of +2.28% and a bullish bounce from the $0.852 low. Backed by a powerful AI-driven vision and a surging 29.92M $WLD in 24h volume, WLD is becoming a magnet for smart investors hunting for the next big mover. With prices testing resistance at $0.913, this could be the last chance to enter before a breakout pushes WLD beyond the $1 mark and into the spotlight of the next crypto wave.
Traders, get readyā $WLD is showing real breakout potential. A clean push above $0.920 opens targets at $0.945, $0.964, and possibly $0.969 in rapid succession. The setup is strong: solid support at $0.852, strong buying volume, and increasing market momentum. This is a prime scalping and swing opportunity with minimal downside and explosive upside. Donāt blinkāthis chart is screaming action.
buy and Trade Here on #WLD
Traders, get readyā $WLD is showing real breakout potential. A clean push above $0.920 opens targets at $0.945, $0.964, and possibly $0.969 in rapid succession. The setup is strong: solid support at $0.852, strong buying volume, and increasing market momentum. This is a prime scalping and swing opportunity with minimal downside and explosive upside. Donāt blinkāthis chart is screaming action.
buy and Trade Here on #WLD
$WLD Is Coming For Itās Glory š¤©
#WLD Below $1 Is Steal š
Don't Miss #Worldcoin It's Ready To Go Parabolic š
#WLD Below $1 Is Steal š
Don't Miss #Worldcoin It's Ready To Go Parabolic š
$WLD Tsunami Incoming šŖļø
$1 Is Inevitable š¤©
Buy #WLD Rn Or Long #Worldcoin š
$1 Is Inevitable š¤©
Buy #WLD Rn Or Long #Worldcoin š
šØ JUST IN : Kenyaās High Court has ordered World Foundation, the entity behind #Worldcoin , to delete all biometric data collected from local users.
äøåä¹°people:
No one cares about Kenya
Kenyans, You Can Still Hold Your Worldcoins Safely!
With all the ongoing discussions and regulations around Worldcoin in Kenya, many of you have been asking: "What happens to my WLD tokens?"
Good news ā you can transfer your Worldcoins to Binance and still hold them there securely. Binance is a trusted global exchange that allows you to store, trade, or even stake your crypto assets, including WLD tokens.
So, if the government continues to enforce restrictions on Worldcoin activities locally, you still have full control over your assets through Binance or any other secure wallet/exchange of your choice.
Remember: your crypto is yours to manage. Stay informed. Stay secure.
$WLD
#Worldcoin #Binance #CryptoNewss
With all the ongoing discussions and regulations around Worldcoin in Kenya, many of you have been asking: "What happens to my WLD tokens?"
Good news ā you can transfer your Worldcoins to Binance and still hold them there securely. Binance is a trusted global exchange that allows you to store, trade, or even stake your crypto assets, including WLD tokens.
So, if the government continues to enforce restrictions on Worldcoin activities locally, you still have full control over your assets through Binance or any other secure wallet/exchange of your choice.
Remember: your crypto is yours to manage. Stay informed. Stay secure.
$WLD
#Worldcoin #Binance #CryptoNewss
š Top Altcoins to Consider Buying Now for Potential Gains by December 2025
As of May 6, 2025, the cryptocurrency market presents several altcoins that analysts and experts suggest could offer significant returns by the end of the year. Below is a curated list of such altcoins, along with their current prices and potential growth factors:
š„ 1. #Cardano (ADA)
Current Price: $0.6514
Overview: Cardano is a proof-of-stake blockchain platform emphasizing sustainability and scalability.
Growth Factors: Ongoing developments in smart contracts and DeFi applications could drive adoption.
š 2. $XRP XRP (XRP)
Current Price: $2.11
Overview: XRP facilitates fast and low-cost international money transfers.
Growth Factors: Regulatory clarity and potential ETF approvals could enhance investor confidence.
ā” 3. $SUI (SUI)
Current Price: $3.23
Overview: Sui is a Layer 1 blockchain designed for high throughput and low latency.
Growth Factors: Its unique architecture and developer-friendly environment may attract new projects.MarketWatch
šļø 4. #Worldcoin (WLD)
Current Price: $0.8848
Overview: Worldcoin aims to create a global digital identity system.
Growth Factors: Increased focus on digital identity solutions could boost its adoption.
šø 5. $PEPE (PEPE)
Current Price: $8.71e-10MarketWatch
Overview: PEPE is a meme coin that has gained popularity in online communities.
Growth Factors: Viral trends and community engagement may drive short-term price spikes.
š§± 6. #Solayer (LAYER)
Current Price: $1.69
Overview: Solayer is a Layer 1 blockchain focusing on scalability and interoperability.
Growth Factors: Technological advancements and strategic partnerships could enhance its ecosystem.
"The best investment you can make is in yourself." ā Warren Buffett
As of May 6, 2025, the cryptocurrency market presents several altcoins that analysts and experts suggest could offer significant returns by the end of the year. Below is a curated list of such altcoins, along with their current prices and potential growth factors:
š„ 1. #Cardano (ADA)
Current Price: $0.6514
Overview: Cardano is a proof-of-stake blockchain platform emphasizing sustainability and scalability.
Growth Factors: Ongoing developments in smart contracts and DeFi applications could drive adoption.
š 2. $XRP XRP (XRP)
Current Price: $2.11
Overview: XRP facilitates fast and low-cost international money transfers.
Growth Factors: Regulatory clarity and potential ETF approvals could enhance investor confidence.
ā” 3. $SUI (SUI)
Current Price: $3.23
Overview: Sui is a Layer 1 blockchain designed for high throughput and low latency.
Growth Factors: Its unique architecture and developer-friendly environment may attract new projects.MarketWatch
šļø 4. #Worldcoin (WLD)
Current Price: $0.8848
Overview: Worldcoin aims to create a global digital identity system.
Growth Factors: Increased focus on digital identity solutions could boost its adoption.
šø 5. $PEPE (PEPE)
Current Price: $8.71e-10MarketWatch
Overview: PEPE is a meme coin that has gained popularity in online communities.
Growth Factors: Viral trends and community engagement may drive short-term price spikes.
š§± 6. #Solayer (LAYER)
Current Price: $1.69
Overview: Solayer is a Layer 1 blockchain focusing on scalability and interoperability.
Growth Factors: Technological advancements and strategic partnerships could enhance its ecosystem.
"The best investment you can make is in yourself." ā Warren Buffett
š Kenya Bans WorldcoināDemands Full Data Wipe! š
āWorldcoin must delete all biometric dataāKenya aināt playing.ā
āRetina scans for tokens? Kenya says: Not on our watch.ā
āļø The Legal Slam:
1ļøā£ High Court Orders Full Biometric Data Deletion
Kenyaās High Court ruled that Worldcoin must permanently delete local usersā biometric dataāincluding face scans and retina IDsāwithin 7 days. āDelete it, or face the consequences.ā
2ļøā£ Privacy First, Tokens Later
Justice Roselyne Aburili said Worldcoin violated constitutional privacy rights by collecting sensitive data without full consent or safeguards. āCrypto adoption doesnāt excuse data exploitation.ā
3ļøā£ Worldcoin Barred from New Data Collection
The ruling also prohibits further data gathering in Kenya until proper data protection frameworks are respected. āNo scans, no gamesājust accountability.ā
āGet paid in tokens for your eyeballs? Kenya said: keep your coins.ā
āAltmanās AI scans the world, Kenya just scanned him back.ā
š Comment: Is this the beginning of global pushback against biometric crypto?
š Follow for crypto news, court drama & memes regulators would side-eye.
#Write2Earn #Worldcoin
P.S. Your eyeballs arenāt worth airdrops. Protect your data. DYOR.
$WLD
āWorldcoin must delete all biometric dataāKenya aināt playing.ā
āRetina scans for tokens? Kenya says: Not on our watch.ā
āļø The Legal Slam:
1ļøā£ High Court Orders Full Biometric Data Deletion
Kenyaās High Court ruled that Worldcoin must permanently delete local usersā biometric dataāincluding face scans and retina IDsāwithin 7 days. āDelete it, or face the consequences.ā
2ļøā£ Privacy First, Tokens Later
Justice Roselyne Aburili said Worldcoin violated constitutional privacy rights by collecting sensitive data without full consent or safeguards. āCrypto adoption doesnāt excuse data exploitation.ā
3ļøā£ Worldcoin Barred from New Data Collection
The ruling also prohibits further data gathering in Kenya until proper data protection frameworks are respected. āNo scans, no gamesājust accountability.ā
āGet paid in tokens for your eyeballs? Kenya said: keep your coins.ā
āAltmanās AI scans the world, Kenya just scanned him back.ā
š Comment: Is this the beginning of global pushback against biometric crypto?
š Follow for crypto news, court drama & memes regulators would side-eye.
#Write2Earn #Worldcoin
P.S. Your eyeballs arenāt worth airdrops. Protect your data. DYOR.
$WLD
č±äæēéø”čå·:
Kenyan judges are just paper. This judge will definitely be a poor man in the near future. It is hard to say whether he will live to see the future.
See original
Ā”World scores a goal in the crypto marketā¦ but needs to regain possession!
#BigCat_Insights |
The cryptocurrency $WLD of World continues to be a protagonist, both on and off the field. Following the announcement of its official sponsorship of the #CONMEBOL Sudamericana 2025, the spotlight is also on its performance in the marketā¦ and the match is not easy.
What do the statistics say?
Negative net flow of -2.10 million WLD in the last 24 hours.
Sell orders outnumber buy orders: 37.77 M vs. 35.67 M WLD.
Consistent drops in large inflows over the last 5 days, accumulating a balance of -6.93 M in high-scale operations.
The inflow chart shows sustained bearish pressure with several spikes in outflows.
What does this represent for traders and investors?
Although the price has faced pressure, large volume movements may also indicate key accumulation or restructuring areas. Institutional interest and the use of World ID in massive sporting events could catalyze a trend change in the future.
#Worldcoin is on the radar of millions of football fans and traders alike. Despite the market's defensive play, the technology behind the project continues to kick strongly into the future.
Are you ready to score with WLD or do you prefer to watch from the stands?
The technology is already in play. You decide whether to enter the field!
#BigCat_Insights |
The cryptocurrency $WLD of World continues to be a protagonist, both on and off the field. Following the announcement of its official sponsorship of the #CONMEBOL Sudamericana 2025, the spotlight is also on its performance in the marketā¦ and the match is not easy.
What do the statistics say?
Negative net flow of -2.10 million WLD in the last 24 hours.
Sell orders outnumber buy orders: 37.77 M vs. 35.67 M WLD.
Consistent drops in large inflows over the last 5 days, accumulating a balance of -6.93 M in high-scale operations.
The inflow chart shows sustained bearish pressure with several spikes in outflows.
What does this represent for traders and investors?
Although the price has faced pressure, large volume movements may also indicate key accumulation or restructuring areas. Institutional interest and the use of World ID in massive sporting events could catalyze a trend change in the future.
#Worldcoin is on the radar of millions of football fans and traders alike. Despite the market's defensive play, the technology behind the project continues to kick strongly into the future.
Are you ready to score with WLD or do you prefer to watch from the stands?
The technology is already in play. You decide whether to enter the field!
See original
World and CONMEBOL South America What to expect?
#BigCat_Insights |
World, formerly known as Worldcoin, has been announced as the official sponsor of the CONMEBOL Sudamericana for the 2025-2026 period. This strategic alliance introduces World ID digital identity verification technology in over 50 matches of the tournament, marking a milestone in the integration of blockchain technology in high-profile sporting events.
Innovation in the fan experience
Through activations in the stadiums, fans will be able to interact with the Orb, Worldās iris scanning device, to obtain their World ID. This anonymous digital credential verifies the user's humanity without compromising their privacy, allowing access to exclusive benefits such as ticket giveaways, meet and greets with former players, and access to the tournament trophy.
World, formerly known as Worldcoin, has been announced as the official sponsor of the CONMEBOL Sudamericana for the 2025-2026 period. This strategic alliance introduces World ID digital identity verification technology in over 50 matches of the tournament, marking a milestone in the integration of blockchain technology in high-profile sporting events.
Innovation in the fan experience
Through activations in the stadiums, fans will be able to interact with the Orb, Worldās iris scanning device, to obtain their World ID. This anonymous digital credential verifies the user's humanity without compromising their privacy, allowing access to exclusive benefits such as ticket giveaways, meet and greets with former players, and access to the tournament trophy.
See original
Is WLD undervalued? This could be the next leap.
Worldcoin (WLD) is not just a token... it is a global experiment that combines digital identity + universal income distribution.
Why follow it closely?
Strong backing: Sam Altman, OpenAI, and an ambitious ecosystem.
Real use cases: Verifiable identity with the Orb and benefits for participation.
Attractive current price: After the correction, many see it as an ideal entry point.
Realistic projection:
If the project grows as expected and the incentives continue, the price could double or more by the end of 2025.
Watch out for this!
The value of WLD does not only come from the hype, but from its role in the future digital economy.
$WLD $USDC $XRP
#WLD #Worldcoin #BinanceSquare #CriptoLatam
Worldcoin (WLD) is not just a token... it is a global experiment that combines digital identity + universal income distribution.
Why follow it closely?
Strong backing: Sam Altman, OpenAI, and an ambitious ecosystem.
Real use cases: Verifiable identity with the Orb and benefits for participation.
Attractive current price: After the correction, many see it as an ideal entry point.
Realistic projection:
If the project grows as expected and the incentives continue, the price could double or more by the end of 2025.
Watch out for this!
The value of WLD does not only come from the hype, but from its role in the future digital economy.
$WLD $USDC $XRP
#WLD #Worldcoin #BinanceSquare #CriptoLatam
Kenyan Court Orders Worldcoin to Delete Citizens' Biometric Data Within a Week
Kenyaās High Court has issued a decisive ruling: Worldcoin must delete biometric data it collected from Kenyan citizens within seven days. The court found that the company violated the Data Protection Act by failing to conduct a required data impact assessment.
Justice Roselyne Aburili also ruled that all Worldcoin activities must now be conducted under the supervision of the Office of the Data Protection Commissioner (ODPC). The company is prohibited from processing any further data without valid consent and full regulatory clearance.
šļø Scandal Over Eye and Face Scans
In September 2023, Worldcoin launched a controversial initiative in Kenya, offering citizens $50 in exchange for scanning their eyes and faces. The response was overwhelming, forcing authorities to shut down the campaign for security reasons.
According to the court, the data was collected illegally, without the necessary approvals or proper public transparency. The Katiba Institute, a Kenyan civil rights organization, filed a lawsuit against Worldcoin, which the court upheld.
š Worldcoin Faces Scrutiny in Other Countries Too
Kenya is not the only country challenging Worldcoinās practices:
š¹ Hong Kong banned iris scans over privacy concerns.
š¹ Spain and later Portugal halted the project due to child data protection risks.
š¹ Indonesia suspended operations in early May, citing invalid registration and potential public risk.
š Company Aims to Resume Operations, Regulators Remain Cautious
Worldcoinās developer, Tools for Humanity, stated that the project plans to resume operations in Kenya, after the Director of Public Prosecutions dropped the investigation. The company claims it will continue working with authorities to restart the World ID registration.
However, regulators warn that Worldcoin must fully comply with legal requirements, including proper business registration and transparency in data handling. The next steps remain uncertain.
#Worldcoin , #CryptoRegulation , #DigitalIdentity , #Cryptolaw , #CryptoNewss
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
Justice Roselyne Aburili also ruled that all Worldcoin activities must now be conducted under the supervision of the Office of the Data Protection Commissioner (ODPC). The company is prohibited from processing any further data without valid consent and full regulatory clearance.
šļø Scandal Over Eye and Face Scans
In September 2023, Worldcoin launched a controversial initiative in Kenya, offering citizens $50 in exchange for scanning their eyes and faces. The response was overwhelming, forcing authorities to shut down the campaign for security reasons.
According to the court, the data was collected illegally, without the necessary approvals or proper public transparency. The Katiba Institute, a Kenyan civil rights organization, filed a lawsuit against Worldcoin, which the court upheld.
š Worldcoin Faces Scrutiny in Other Countries Too
Kenya is not the only country challenging Worldcoinās practices:
š¹ Hong Kong banned iris scans over privacy concerns.
š¹ Spain and later Portugal halted the project due to child data protection risks.
š¹ Indonesia suspended operations in early May, citing invalid registration and potential public risk.
š Company Aims to Resume Operations, Regulators Remain Cautious
Worldcoinās developer, Tools for Humanity, stated that the project plans to resume operations in Kenya, after the Director of Public Prosecutions dropped the investigation. The company claims it will continue working with authorities to restart the World ID registration.
However, regulators warn that Worldcoin must fully comply with legal requirements, including proper business registration and transparency in data handling. The next steps remain uncertain.
#Worldcoin , #CryptoRegulation , #DigitalIdentity , #Cryptolaw , #CryptoNewss
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
šØš°šŖKENYAN COURT ORDERS #WORLDCoin TO #DELETE BIOMETRIC DATA
š¹Court Ruling: Kenyaās High Court ordered Sam Altmanās World (formerly Worldcoin) to delete all biometric data collected in the country.
š¹Privacy Violation: The company allegedly violated Kenyaās privacy laws by offering crypto incentives in exchange for iris scans, without proper consent.
š¹Enforcement: Deletion must occur within 7 days under supervision of the Data Protection Commissioner.
š¹Global Scrutiny: Indonesia also suspended World recently over similar concerns.
š¹Legal Commentary: Kenya's Katiba Institute called the ruling āa win for the right to privacy.ā$WLD
š¹Court Ruling: Kenyaās High Court ordered Sam Altmanās World (formerly Worldcoin) to delete all biometric data collected in the country.
š¹Privacy Violation: The company allegedly violated Kenyaās privacy laws by offering crypto incentives in exchange for iris scans, without proper consent.
š¹Enforcement: Deletion must occur within 7 days under supervision of the Data Protection Commissioner.
š¹Global Scrutiny: Indonesia also suspended World recently over similar concerns.
š¹Legal Commentary: Kenya's Katiba Institute called the ruling āa win for the right to privacy.ā$WLD
šØš®š©INDONESIA #SUSPENDS WORLDCOIN & WORLD ID SERVICES OVER REGULATORY BREACHES$WLD
š¹Indonesiaās #Ministry of Communications and Digital has revoked #Worldcoin operator license (TDPSE).
š¹The service allegedly violated electronic system regulations by using the certificate of an unrelated entity.
š¹PT. Terang Bulan Abadi, claimed to run the services, wasnāt registered as a legal operator.
š¹Worldcoin operations reportedly relied on another firm's license (PT. Sandina Abadi Nusantara).
š¹Authorities will summon both companies for further investigation into the irregularities
š¹Indonesiaās #Ministry of Communications and Digital has revoked #Worldcoin operator license (TDPSE).
š¹The service allegedly violated electronic system regulations by using the certificate of an unrelated entity.
š¹PT. Terang Bulan Abadi, claimed to run the services, wasnāt registered as a legal operator.
š¹Worldcoin operations reportedly relied on another firm's license (PT. Sandina Abadi Nusantara).
š¹Authorities will summon both companies for further investigation into the irregularities
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