Indonesia Suspends World Biometric ID Project
- Indonesian regulators suspended World’s operations for failing to register properly.
- World is led by Sam Altman, CEO of OpenAI, and offers crypto tokens for biometric data.
- The suspension was due to “suspicious activity” and lack of proper registration certificates.
- World used a certificate belonging to another entity, PT Sandina Abadi Nusantara.
- The company has faced regulatory challenges in Germany, Brazil, and Kenya previously.
Indonesian authorities halted World’s operations due to non-compliance with registration requirements and suspicious activities. This follows similar regulatory actions in other countries like Germany and Brazil.
Source (2.6)https://decrypt.co/317830/indonesia-suspends-sam-altmans-eye-scanning-world-project?rand=52368