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Indonesia Pulls the Plug on Worldcoin—Another Crypto ’Innovation’ Meets Regulatory Reality
Indonesia Pulls the Plug on Worldcoin—Another Crypto ’Innovation’ Meets Regulatory Reality
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Indonesia’s financial watchdog slams the brakes on Worldcoin’s biometric data collection, citing violations of local privacy laws. Turns out ’disruptive tech’ still answers to disruptive regulators.
Another day, another crypto project learning the hard way that eyeball scans don’t equal regulatory compliance. But hey—at least they tried to innovate (between VC pitch decks).
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