
Worldcoin's Global Expansion Halted Amidst Regulatory Scrutiny and Privacy Concerns
Worldcoin, a cryptocurrency project using biometric data for user verification, is facing a wave of regulatory challenges and privacy concerns. The project, which has partnered with Visa to issue debit cards, has already suspended operations in Hong Kong, Germany, Spain, and Kenya due to ongoing investigations. Despite these setbacks, Worldcoin boasts over 26 million users globally. "The project's rapid growth raises serious questions about data security and ethical considerations," says a cybersecurity expert. The project's use of Orb technology, a device that scans users' irises and facial features, has raised concerns about data protection and potential misuse. While Worldcoin promises users cryptocurrency rewards for participation, critics argue that the benefits do not outweigh the risks to individual privacy. The future of Worldcoin remains uncertain as regulatory bodies continue their investigations and users grapple with the ethical implications of sharing their biometric data.