Worldcoin stops offering the verification service in India, France, and Brazil
Earlier, the Kenyan authorities recommended suspending the project’s activities at the local level
21.12.2023 - 12:05
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2 min
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What’s new? The company developer of the crypto project Worldcoin has stopped offering verification services to residents of India, Brazil, and France. For example, Tools for Humanity shut down the offices where users could undergo a retina scan with the Orb device to confirm their identity and receive a “digital passport” World ID and 25 WLD tokens as a gift. The company itself explained that the presence in some markets was only intended to be for a limited period.
What else is known? Previously, Tools for Humanity booths with Orb devices were located all over India and attracted many people who wanted to receive tokens for free. The project itself has also attracted the attention of regulators.
The company said it intends to work with partners around the world to ensure regulatory compliance and provide a secure service for verified users.
Back in October, the Kenyan Parliament recommended suspending Worldcoin in the country due to concerns about the violation of user privacy. The regulators of Argentina, Germany and the UK are also studying the project’s activity for compliance with the legislation.
Although Orb verification is no longer available in some markets, the World App crypto wallet continues to serve users in India. The company also recently updated its World ID protocol to version 2.0 and announced its integration with Minecraft, Reddit, Telegram, Shopify, and Mercado Libre in addition to existing support for Discord, Talent Protocol, and Okta Auth0.
The WLD native token as of December 21, 11:40 UTC ranks 150th in the cryptocurrency rankings with a capitalization of over $382,6 million and is trading at $3,73, having added 5,5% in 24 hours.
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