Thai authorities have ordered World, the digital identity project backed by Sam Altman, to stop operating in the country and erase all user identification data collected from residents.
According to a statement released on Monday by the Ministry of Digital Economy and Society (MDES), the order was issued by Thailand’s Economic and Social Development Board.
The order directed the company to delete iris scan records linked to around 1.2M people.
Officials said World violated Thailand’s Personal Data Protection Act by collecting biometric data in exchange for its Worldcoin token.
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Why Did Thailand Order the World to Halt User Verification and Biometric Data Collection?
The law governs how personal information can be gathered, used, and shared.
The decision followed an October raid by Thai authorities at one of the project’s iris-scanning locations. The inspection was part of an investigation into suspected breaches of the country’s digital asset laws.
World’s Thailand operation, known locally as TIDC Worldverse, has stopped user verification after receiving instructions from regulators, the company said in a post on X on Sunday.
Thailand has also been removed from the list of countries where the project’s Orb identity-scanning devices are currently active.
In its statement, World said the decision came “despite our compliance with local laws and regulations and having presented information to regulators openly and transparently.”
The company added that the pause would affect millions of users across the country who use its digital ID system to guard against scams, identity theft, and fraud tied to artificial intelligence tools.
World argued that the halt could leave users more exposed at a time when online crime is growing.
Regulators in Germany, Kenya, and Brazil have also raised concerns about how biometric data is collected and stored. In those countries, authorities have warned that poor handling of such data could create privacy and security risks for users.
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WLD Price Prediction: Can Buyers Regain Control Above the $0.68–$0.70 Resistance Zone?
Worldcoin (WLD) stayed under pressure this week, with price action on the four-hour chart stuck below key moving averages.
That setup shows sellers are still in control. Heikin Ashi candles point to a clear downtrend, with lower highs and lower lows forming since early October.
The slide followed a sharp pullback from September, when WLD briefly moved above $2.00 before failing to hold those levels and turning lower.
From a technical view, WLD remains below the 50-, 100-, and 200-period exponential moving averages. This layout usually reflects a market that is being sold into, not one that is rebuilding strength.
The 50-EMA has also slipped under the longer averages, creating a bearish mix that has blocked every relief bounce so far.
Each attempt to push higher has stalled near the $0.70 to $0.75 zone, where sellers step back in and push the price down again.
Volume supports this picture. Trading activity spiked during the heavy sell-off in October, which included a deep downside wick that hinted at forced exits. Since then, volume has dropped off.
From a chart perspective, WLD is still moving inside a clear descending channel. In recent sessions, price has stayed close to the lower edge of that range.
That usually signals pressure, not relief. At this stage, there is no reversal pattern in place. The setup looks more like price is continuing its current path rather than building a base for a bounce.
Support is still holding between $0.63 and $0.65, where trading has started to narrow. This area matters. If the price breaks below it and closes there, the next likely stop is the $0.50 level, which also carries psychological weight for traders.
On the upside, any recovery attempt will face its first real test near the 50-day EMA, around $0.68 to $0.70. Price has failed here before, and that zone remains heavy with sellers.
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The post Thailand Want Out of WorldCoin: Is This Start of The End for WLD Crypto? appeared first on 99Bitcoins.
