Recent issues related to Worldcoin's ($WLD) iris scanning have raised significant concerns regarding privacy and data protection. Authorities from various countries, including Spain and Hong Kong, have taken action against the company, ordering the deletion of the collected biometric data and suspending its operations.
These regulatory actions have negatively impacted investor confidence, reflected in the $WLD price.
The growing concern over privacy and the use of biometric data has led to increased scrutiny from authorities, affecting the perception and value of $WLD in the market.
It is essential for investors to stay informed about these developments and consider the risks associated with investing in cryptocurrencies linked to controversial technologies.
