🚨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