Sam Altman's World is under increased regulatory scrutiny in Thailand and Colombia due to its iris-scanning project. Thai authorities inspected a scanning site in Bangkok and arrested individuals for operating an unlicensed crypto exchange. Meanwhile, Colombia's Superintendency of Industry and Commerce has ordered the immediate shutdown of World's data processing operations after a seven-month investigation. The WLD token has dropped 31% in the past month and over 92% from its March 2024 peak. Several governments, including Germany, the UK, and France, have expressed privacy concerns, with some demanding the deletion of biometric data. World plans to appeal the Colombian decision.
Sam Altman's World Faces Regulatory Challenges in Thailand and Colombia
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