Worldcoin faces bans worldwide amid increasing privacy fears

Regulators across the world are banning Worldcoin, which collects biometric data for a small payment of its native cryptocurrency.

The increasing adoption of Worldcoin, an AI-centric identification project with its own cryptocurrency, is alarming privacy advocates and regulators.

According to the project, over 5 million people have already lined up to stare into a silver sphere the size of a bowling ball and scan their irises.

In addition to receiving online ID verification, users are rewarded 25 WLD, worth about $115.

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