Indonesia Suspends Worldcoin as Kenya Orders the Company to Delete Biometric Data

Key Insights :

• Indonesia Suspends worldcoin and worldID. 

• Kenya orders Worldcoin to delete biometric data 

Worldcoin continues to face legal and regulatory challenges across the world. In recent development, worldcoin has caught the attention of Indonesian and Kenyan authorities.

Indonesia Bans WorldCoin and WorldID

According to the report, the Indonesia Ministry of Communication and Digital has revoked the official registration certificate related to Worldcoin and WorldID services.

As per official communication, the decision to revoke the operational certificate is based on preliminary investigations that found that the relevant services were suspected of violating Indonesian electronic system regulations.

The said investigation revealed that PT. Terang Bulan Abadi, who was allegedly responsible for the operation, was not registered as an electronic system operator (PSE) as required and did not hold the required TDPSE certificate; it was also found that Worldcoin-related services were actually operated using the registration certificate of another legal entity, PT. Sandina Abadi Nusantara.

The Ministry of Communications and Digital said it plans to summon personnel from the two companies to further investigate and handle the violation.

These individuals will have to clarify and clear these allegations. Indonesia joins a long list of countries that have restricted Worldcoin's operations over illegality and privacy concerns.

Kenya Orders Worldcoin to Delete Biometric Data

On the same day after suspension in Indonesia, the Kenyan court ordered Worldcoin to delete biometric data it acquired illegally from thousands of Citizens.

According to the ruling, data acquisition from users happened without valid consent and an approved data protection impact assessment as required by Kenyan law.

After the ruling, the office of ODPC in kenya will oversee the deletion of all acquired data. Regulators in kenya raised concerns over the company's handling of individual data arguing that continued ownership of data could lead to unauthorized use of people's biometric data.

Worldcoin was sued by the Kenyan government with authorities arguing that worldcoin operations posed a risk to public order and safety.

After the ruling, worldcoin is barred from handling, acquiring, or any form of ownership of data unless it conducts a complete DPIA and secures informed, valid consent from users.

Although the company was planning to return after an earlier suspension, the recent legal issues makes the process more complicated.

What Next for World & WorldID

Despite the regulatory challenges, the company remains ambitious. World Coin plans to start identity verification across 7 states.

In this plan, the company will provide 7,500 Orbs across the United States. If this plan goes through it will boost the company’s user base which has continued to decline amidst regulatory challenges.

On its price charts, WLD is facing strong downward momentum. In fact, as of this writing, WLD was trading at $0.883 after a 21.64% decline over the past week.

Over the past day, WLD is down by 4.6%. With a strong downtrend, if the legal and regularities persist, we could see the altcoin drop towards $0.58.

For fortunes to change, the company needs to restore consumer confidence by solving all legal issues affecting it. Until now, prices will continue to struggle and even dip further.