- WLD price climbs to $4.92, facing resistance despite regulatory hurdles.
- Worldcoin market cap grows 4.22% with a trading volume boost to $234.86M.
- Technological upgrades bolster Worldcoin’s security amid EU scrutiny.
Worldcoin (WLD) has seen a price surge in the last 24 hours despite regulatory concerns in Spain and ongoing European investigations. Opening at $4.75, the price climbed steadily, reaching a peak of $4.92 before facing resistance. This movement indicates robust market activity despite the backdrop of regulatory scrutiny, particularly concerning data privacy issues.
As of press time, WLD was trading at $4.88, a 2.79% surge from the intra-day low.
WLD/USD 24-hour price chart (source: CoinMarketCap)
Worldcoin Regulatory Challenges and Market Response
In a recent development, Tools for Humanity (TFH), the entity behind Worldcoin, announced a voluntary extension to the pause of its orb operations in Spain. This decision aligns with the ongoing audit by the Bayerische Landesamt für Datenschutzaufsicht (BayLDA) in Germany, which is reviewing the company’s compliance with the General Data Protection Regulation (GDPR).
The Spanish Age…
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