🇸🇬 Singapore authorities have opened a preliminary investigation into 7 citizens accused of offering services to buy or sell Worldcoin accounts or enabling the exchange and purchase of $WLD tokens.

The Singaporean government considers these practices illegal 👮‍♂️, as they constitute an unlicensed payment service.

🚫 Singapore is not the only country to ban #Worldcoin. Hong Kong, Spain, Germany, Brazil, India and France have also taken action against the project due to concerns about data protection and the collection of biometric data.