Token

Worldcoin

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 <p>Sam Altman’s identity-focused crypto project Worldcoin (WLD) is one of the top-performing crypto assets in the last several days as it faces regulatory scrutiny in Europe.</p>
 <p>Last week, the government of Spain ordered Worldcoin to stop collecting data in the nation after receiving numerous complaints from customers.</p>
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 <p>The Spanish Data Collection Agency (AEPD) mandated that Worldcoin stop collecting personal data after allegedly infringing upon users’ privacy rights.</p>
 <p>However, in a recent blog post, Worldcoin, a project of tech firm Tools For Humanity (TFH), says that it will be taking legal action against Spain as it is in compliance with all laws.</p>
 <p>Amid the regulatory battle, WLD has surged in price. At time of writing, WLD is trading at $10.56, and is up 337% in the last month, and 43% in the last 24 hours. Its market cap is at $1.562 billion, but since only 148.5 million out of the 10 billion tokens are in circulation, WLD’s fully diluted valuation is now over $105 billion.</p>
 <p>Worldcoin has a 15-year vesting schedule, which includes the distribution of tokens to the WLD community, TFH investors, initial development team and TFH reserve.</p>
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   Source: Token Terminal
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 <p>Late last year, Worldcoin – co-founded by Sam Altman, the chief executive of OpenAI – had its operations&nbsp;paused&nbsp;in the nations of Brazil, India and France, causing its price to plummet by 20% at the time.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/worldcoin-wld-rallies-amid-regulatory-crackdown-reaching-105-000-000-000-fully-diluted-valuation-tbt82140.html">https://thebittimes.com/worldcoin-wld-rallies-amid-regulatory-crackdown-reaching-105-000-000-000-fully-diluted-valuation-tbt82140.html</a></p>

Worldcoin (WLD) Rallies Amid Regulatory Crackdown, Reaching $105,000,000,000 Fully Diluted Valuation

TheBitTimes

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