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Worldcoin faces regulatory setback in Indonesia over compliance issues – TON BOT

Worldcoin faces regulatory setback in Indonesia over compliance issues

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Indonesia’s Ministry of Communication and Digital has suspended Worldcoin and its digital identity platform, World ID, due to registration issues and possible violations of local electronic system rules. The ministry found inconsistencies in the project’s operations and one affiliate failed to register as an Electronic System Organizer. This move aims to protect the public from unregistered digital service providers. Worldcoin has faced regulatory obstacles in various countries but continues to expand, recently launching its identity verification system in the United States and partnering with Visa, Tinder, Kalshi, and Morpho for broader adoption.

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