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WORLDCOIN Seeks Collaboration with Tech Giants Despite Global Regulatory Challenges

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Odaily
564Words
Apr 24, 2024

WORLDCOIN is facing global regulatory scrutiny and concerns over data privacy, yet it continues to seek partnerships with tech giants like OPENAI. The project was co-founded by Sam Altman, and its parent company, Tools for Humanity, has faced investigations and bans in multiple countries. Recently, regulatory authorities in Spain and Portugal accused WORLDCOIN of allowing minors to undergo eye scans for identity verification and ordered the cessation of data collection. The company plans to launch the L2 chain, World Chain, and update its scanning device, ORB. The WORLDCOIN token, $WLD, has not yet been listed on the US market. Sam Altman and Alex Blania recently held discussions with Malaysian leaders in an attempt to improve government relations and demonstrate their commitment to protecting user data and privacy.

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