Sam Altman’s Worldcoin Suspended in Indonesia Amid Data Privacy Concerns
Indonesia has suspended Worldcoin, the biometric cryptocurrency project co-founded by OpenAI CEO Sam Altman, citing concerns over its iris-scanning data collection methods. The move follows similar regulatory scrutiny in other jurisdictions, raising questions about the project’s global rollout strategy.
Authorities flagged "suspicious activities" related to personal data processing. This development complicates Worldcoin’s expansion plans, particularly as it seeks to establish a foothold in the U.S. market. The suspension highlights growing tensions between innovative blockchain applications and evolving data protection frameworks worldwide.