🚨🇮🇩INDONESIA
#SUSPENDS WORLDCOIN & WORLD ID SERVICES OVER REGULATORY BREACHES
$WLD 🔹Indonesia’s
#Ministry of Communications and Digital has revoked
#Worldcoin operator license (TDPSE).
🔹The service allegedly violated electronic system regulations by using the certificate of an unrelated entity.
🔹PT. Terang Bulan Abadi, claimed to run the services, wasn’t registered as a legal operator.
🔹Worldcoin operations reportedly relied on another firm's license (PT. Sandina Abadi Nusantara).
🔹Authorities will summon both companies for further investigation into the irregularities