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🚨WORLDCON FACES #GLOBAL REGULATORY BACKLASH OVER BIOMETRIC DATA PRACTICES
🔹$135M raised from Andreessen Horowitz, Bain Capital Crypto
🔹12.5M+ World IDs issued in 160+ jurisdictions
🔹Regulatory #bans in Brazil, 🇮🇩Indonesia, Germany over privacy, consent concerns
🔹🇧🇷Brazil #fines up to $8,851/day for noncompliance
🔹🇩🇪Germany mandates biometric data deletion option
🔹Criticism over crypto incentives for biometric collection
-Cointelegraph$WLD
🔹$135M raised from Andreessen Horowitz, Bain Capital Crypto
🔹12.5M+ World IDs issued in 160+ jurisdictions
🔹Regulatory #bans in Brazil, 🇮🇩Indonesia, Germany over privacy, consent concerns
🔹🇧🇷Brazil #fines up to $8,851/day for noncompliance
🔹🇩🇪Germany mandates biometric data deletion option
🔹Criticism over crypto incentives for biometric collection
-Cointelegraph$WLD
🚨WORLD #RAISES $135M FROM A16Z, BAIN TO EXPAND HUMAN ID NETWORK
🔹$135M $WLD sold to a16z, Bain Capital Crypto
🔹26M+ users; 12.5M Orb-verified World IDs
🔹Funds to boost U.S. & global network growth
🔹Circulating WLD supply increased accordingly
Source: World Blog (May 21, 2025)
🔹$135M $WLD sold to a16z, Bain Capital Crypto
🔹26M+ users; 12.5M Orb-verified World IDs
🔹Funds to boost U.S. & global network growth
🔹Circulating WLD supply increased accordingly
Source: World Blog (May 21, 2025)
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