China Warn Say Worldcoin Iris-Scan Data Fit Cause Security Wahala
China Ministry of State Security don yan warn say Worldcoin iris-scan data collection dey chook people privacy plus security waka for gbege. Di MSS yan for WeChat say Worldcoin wey Tools for Humanity dey run, dey use Orb device dey scan iris, dem dey give WLD tokens, plus dem dey carry unique biometric data take go abroad. Di project don already face stop from regulators for Indonesia and Kenya, plus GDPR investigation for Europe. Traders suppose dey watch as China fit bring regulatory gbege, cos e fit cause trading restrictions and e fit affect how people dey feel about WLD market.
Bearish
China MSS warning dey highlight privacy and security wahala dem get around Worldcoin iris-scan data, na to plus the regulatory wahala dem don dey for Indonesia, EU and Kenya. Dis kin sharply eyeing fit make market sentiment of WLD and how dem dey trade drop short time cos investors fit reduce how dem dey expose themselves to regulatory risk. For long run, di steady compliance pressure and di possibility of Chinese regulation fit limit how Worldcoin fit expand, wey go still keep price and volume dey go down.