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Market News

Worldcoin suspended in Indonesia over regulatory issues

Written By Manmit Kahlon
Fact Checked by Vaibhav Jha
Published 2025-05-05
Make The Crypto Times preferred on GoogleGoogle
Worldcoin suspended in Indonesia over regulatory issues

Sam Altman’s Worldcoin project has been suspended by Indonesian authorities over compliance issues. The government has blocked all access to the website of Worldcoin. 

The Communication and Digital Affairs Ministry announced on Sunday that the website had promoted “iris scans” to Indonesian users without obtaining the proper authorization.

Sam Altman’s World project hit with suspension in Indonesia over alleged regulatory violations https://t.co/yD6aU78aPm

— The Block (@TheBlock__) May 5, 2025

Alexander Sabar, Director General of Cyberspace Oversight at the Indonesian ministry, said, “This suspension is a preventive measure to protect the public from potential risks. We will summon Terang Bulan Abadi for an official clarification. Our investigation found that Worldcoin was using a PSE license registered under Sandina Abadi Nusantara.”

Offering token-based incentives, Worldcoin has quickly expanded its digital identity registration activities in Indonesian cities since 2024, drawing fresh participants. Images and videos of long lines of people lined up to scan their irises using a device called “the Orb” abound on social media sites. Every Worldcoin token given as a thank you for registering is apparently worth Rp 800,000.

Also Read: Hong Kong Halts Worldcoin Operations Over Privacy Concerns

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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