Worldcoin Faces New Regulatory Pressure as Thai Authorities Raid Iris-Scanning Site

99Bitcoins•Friday, October 24, 2025 at 10:27:12 PM

Worldcoin, the ambitious project led by Sam Altman, is facing significant regulatory challenges in Thailand after authorities raided an iris-scanning site in Bangkok. This action by the national Securities and Exchange Commission and the Cyber Crime Investigation Bureau raises concerns about the project's compliance and could impact its future operations and the value of its cryptocurrency, WLD. As regulatory scrutiny intensifies, it highlights the ongoing tension between innovative tech projects and government oversight, making it a critical moment for Worldcoin and its stakeholders.

— Curated by the World Pulse Now AI Editorial System

Read Original

Was this article worth reading? Share it

Recommended Readings

Cointelegraph21 hours ago

Trump to nominate SEC's 'pro-crypto' Michael Selig as CFTC chair: Report

PositiveCryptocurrency

Former President Trump is reportedly set to nominate Michael Selig, known for his pro-crypto stance, as the new chair of the Commodity Futures Trading Commission (CFTC). This nomination comes after a delay in the CFTC process when Brian Quintenz stepped down. Selig's appointment could signal a more favorable regulatory environment for cryptocurrencies, which is significant for investors and the industry as a whole.

Read full article

via Cointelegraph

Cointelegraph21 hours ago

Trump to nominate SEC's 'pro-crypto' Michael Selig as CFTC chair: Report

PositiveCryptocurrency

Former President Donald Trump is reportedly set to nominate Michael Selig, known for his pro-crypto stance, as the new chair of the Commodity Futures Trading Commission (CFTC). This nomination comes after a recent setback in the CFTC nomination process when Brian Quintenz withdrew. Selig's appointment could signal a more favorable regulatory environment for cryptocurrencies, which is significant for investors and the crypto market as a whole.

Read full article

via Cointelegraph

Bitcoin Magazinea day ago

Trump Picks SEC Crypto Counsel Michael Selig to Lead CFTC

PositiveCryptocurrency

President Donald Trump has chosen Michael Selig, a prominent SEC crypto counsel, to lead the Commodity Futures Trading Commission (CFTC). This appointment is significant as it signals a strong commitment to regulating the cryptocurrency market, which has been a topic of much debate. Selig's expertise in crypto law could help shape policies that foster innovation while ensuring investor protection, making this a pivotal moment for the future of digital assets in the U.S.

Read full article

via Bitcoin Magazine

Crypto Briefinga day ago

Trump taps Michael Selig to lead CFTC: Bloomberg

PositiveCryptocurrency

In a significant move for the cryptocurrency landscape, Trump has appointed Michael Selig as the chair of the Commodity Futures Trading Commission (CFTC). This decision is noteworthy as Selig, a veteran from the Securities and Exchange Commission (SEC), is expected to bring his extensive experience to the forefront of US crypto regulation and industry coordination. This appointment could lead to more structured oversight in the rapidly evolving crypto market, which is crucial for fostering investor confidence and ensuring market stability.

Read full article

via Crypto Briefing

Cointelegrapha day ago

Thai regulators raid World iris scanning site in latest headache for Sam Altman

NegativeCryptocurrency

Thai regulators have raided the World iris scanning site due to unlicensed operations involving the WLD token, which poses significant legal challenges for Sam Altman's digital identity project. This incident highlights the increasing scrutiny on innovative technologies and raises questions about regulatory compliance in the rapidly evolving digital landscape.

Read full article

via Cointelegraph

Bitcoin.com3 days ago

155 Crypto ETF Filings Signal Massive Institutional Land Rush Building Momentum

PositiveCryptocurrency

The recent surge of 155 crypto ETF filings with the SEC indicates a significant interest from institutional investors in the cryptocurrency market. This influx not only highlights the growing acceptance of digital assets but also suggests that major financial players are preparing to enter the space, potentially leading to increased market stability and legitimacy. As these filings gain momentum, they could pave the way for more innovative financial products and attract a broader range of investors, making it an exciting time for the crypto industry.

Read full article

via Bitcoin.com

Crypto Briefing3 days ago

SEC Chair Atkins warns of ongoing market scrutiny during shutdown

NeutralCryptocurrency

SEC Chair Paul Atkins has emphasized that oversight of the cryptocurrency market will persist even during the government shutdown, which is significant as it highlights the ongoing challenges faced by ETF approvals and filings. This situation matters because it reflects the regulatory landscape's impact on the crypto industry, ensuring that despite delays, there is still a commitment to monitoring and regulating the market.

Read full article

via Crypto Briefing

Latest from Cryptocurrency

NewsBTC43 minutes ago

BTC Trapped In Tight Range: Liquidity Heatmap Shows Key Price Points At $115K, 106K

NeutralCryptocurrency

Bitcoin has been experiencing significant volatility, struggling to find a stable price direction over the past week. After a brief rebound to around $112,000, it has settled in the $111,000 range following some gains. This fluctuation is crucial as it reflects the ongoing challenges in the cryptocurrency market, and analysts like DaanCrypto are closely monitoring key price points, which could indicate future trends.

Read full article

via NewsBTC

Crypto News44 minutes ago

BTC in ‘reaccumulation phase’ on Fed easing bets: Why this could be bullish for high-growth altcoins

PositiveCryptocurrency

Bitcoin is currently in a reaccumulation phase, which is generating optimism among investors, particularly for high-growth altcoins like Digitap. Following a recent market crash influenced by tariffs, it appears that the cryptocurrency market is consolidating strategically rather than facing a downturn. This could signal a bullish trend for altcoins, making it an exciting time for investors looking for significant gains.

Read full article

via Crypto News

Bitcoin.coman hour ago

Ferrari Races Into Web3 With Elite ‘Token Ferrari 499P’ Launch

PositiveCryptocurrency

Ferrari is making a significant leap into the Web3 space with the launch of its exclusive 'Token Ferrari 499P'. This move not only showcases Ferrari's commitment to innovation but also opens up new avenues for fan engagement and investment in the digital realm. By embracing blockchain technology and NFTs, Ferrari is setting a precedent in the automotive industry, blending luxury with cutting-edge technology. This initiative is likely to attract a new generation of enthusiasts and collectors, making it a noteworthy development in both the automotive and tech sectors.

Read full article

via Bitcoin.com

Crypto Newsan hour ago

Shiba Inu price may nosedive as key Shibarium metrics plunge

NegativeCryptocurrency

The price of Shiba Inu has seen a significant drop, falling by double digits from its peak this year. This decline is concerning as key metrics related to Shibarium indicate that a further crash could be imminent. Understanding these trends is crucial for investors and enthusiasts in the cryptocurrency market, as it highlights the volatility and risks associated with digital assets.

Read full article

via Crypto News

Cointelegraphan hour ago

Mid-tier Bitcoin miners gain ground, reshaping post-halving competition

PositiveCryptocurrency

Smaller Bitcoin miners are making significant strides in hashrate and managing debt as competition heats up following the recent halving. This shift is reshaping the industry's balance of power, highlighting the resilience and adaptability of mid-tier miners in a challenging market. Their growth is important as it indicates a diversification in the mining sector, which could lead to a more competitive landscape and potentially stabilize Bitcoin's ecosystem.

Read full article

via Cointelegraph

Crypto News2 hours ago

How to buy Little Pepe, the new memecoin gaining massive attention in 2025

PositiveCryptocurrency

Little Pepe, a new memecoin, is making waves in 2025 after raising $27 million in its presale. The excitement surrounding its upcoming Layer 2 launch and innovative approach to the meme economy is drawing significant attention from investors and crypto enthusiasts alike. This surge in interest highlights the growing trend of memecoins in the cryptocurrency market, showcasing how they can capture public imagination and investment potential.

Read full article

via Crypto News