#WLDđ„đ„đ„ NEWS
#WLDđ„đ„đ„ NEWS
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Worldcoin (WLD) price recovers ground after agreement in Spain
Worldcoin (WLD) price has experienced a new increase after it was announced that the project has reached an agreement in Spain. The token is now approaching the $5 dollar mark, although it has not yet surpassed it. However, it is important to note that this recent bullish movement should not be interpreted as the start of a larger rally.
It is crucial to consider that Worldcoin is facing regulatory issues worldwide, which poses challenges for a bullish outlook. Recently, Hong Kong authorities ordered the protocol to immediately cease its operations within their jurisdiction.
Nevertheless, the project has agreed with the Spanish Data Protection Agency (AEPD) to halt its operations in the country. The suspension of retinal scanning activities in Europe will last for a year or until the investigations into the protocol's data handling are concluded.
Worldcoin aims to create a global digital identity and establish a universal income. These goals set by Tools for Humanity provide a means of escape from the impact of AI. In fact, the so-called Proof-of-Personhood will allow digital creators to sign their projects and differentiate them from AI-generated creations.
Translation to English:
Worldcoin (WLD) price recovers ground after agreement in Spain
After Worldcoin requested a truce in Spain, the price of its token, WLD, experienced a new increase. Now, the coin is approaching the $5 dollar mark without surpassing it yet. However, this new bullish movement should not be interpreted as the start of a larger rally.
It is important to note that this project is facing regulatory issues worldwide, which makes a bullish outlook challenging. Recently, Hong Kong authorities ordered the protocol to immediately cease its operations within their Chinese jurisdiction.
Regardless, the project has agreed with the Spanish Data Protection Agency (AEPD) to halt its operations in the country.