Worldcoin (WLD) Slips 3% as It Sunsets Data Storage Amid Regulatory Pressure
Worldcoin has slipped about 3% to $8.07 following the unveiling of its data control known as Personal Custody, a model meant to address regulators’ concerns about data privacy.
Market reaction following the announcement has upset Worldcoin's performance with sharp sell-offs. The concept of Personal Custody — a groundbreaking approach recommended by privacy experts — was first unveiled alongside the introduction of World ID 2.0 and intends to reform the way personal data is handled, empowering individuals with unprecedented control over their information.
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