The world currency WLD has plummeted from its peak of 11.6 to 6.4 today. The manipulator behind the scenes is actually the legal storm in Portugal! It is reported that WLD encountered a major legal dilemma in Portugal and was ordered to stop collecting biometric data. This news instantly ignited the anger of the people, who accused it of unauthorized data collection, the privacy of minors was at risk, and the data deletion and withdrawal of consent mechanism was full of loopholes. The Portuguese police acted decisively and issued a strict order, putting WLD in an unprecedented predicament.
Affected by this, the price of WLD plummeted, from the previous high of 11.6 to 6.4, and market confidence was at risk. Some experts even boldly predicted that by May 2024, the price of WLD may continue to bottom out at around 5 yuan, and the prospects are worrying.
Not only that, news of WLD encountering similar problems has also been reported in Spain, Kenya, South Korea and other places, and the global legal storm seems to be inevitable.
However, the WLD team did not sit idly by. They actively innovated and launched a hosting function, allowing users to directly manage data on their own devices, striving to make major improvements in user privacy and data security. However, facing increasingly strict legal scrutiny, it remains unknown whether WLD can regain its glory. In this battle between digital currency and law, who will win? Let's wait and see!
