bullish

Worldcoin

Fine

Foundation

World ID

<ul class="wp-block-list news-points">
 <li>Worldcoin faces $831K fines for breaching South Korean data protection laws.</li>
 <li>Worldcoin expands globally, with over 6.7M verifications and rising wallet transactions.</li>
 <li>Worldcoin’s price surges 14% amid bullish market trends, with RSI suggesting a possible correction.</li>
</ul>
The Personal Information Protection Commission (PIPC) of South Korea fined the Worldcoin Foundation and Tools for Humanity (TFH) for violating personal data protection laws. The Worldcoin Foundation received a KRW 725 million ($546,000) penalty for mishandling sensitive information and sending it overseas without permission.
TFH also received a KRW 379 million ($285,000) fine for violating local regulations on the transfer of personal data. These fines are the result of an investigation that began in February due to concerns that Worldcoin was collecting biometric data without consent in exchange for cryptocurrency.
Despite these penalties, Worldcoin continues its expansion. The organization recently launched World ID, a digital identity platform, in new markets, including Guatemala, Malaysia, and Poland.
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 1 week, 3 World ID verification launches <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1ec-1f1f9.png" alt="🇬🇹" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1f2-1f1fe.png" alt="🇲🇾" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1f5-1f1f1.png" alt="🇵🇱" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/CwwNPNUPzh" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/CwwNPNUPzh</a>— Worldcoin (@world…
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The post <a href="https://coinedition.com/worldcoin-price-surges-despite-831k-fine-in-south-korea/" rel="noopener noreferrer nofollow">Worldcoin Price Surges Despite $831K Fine in South Korea</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Worldcoin Price Surges Despite $831K Fine in South Korea

Coin Edition

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