While the discussions of the altcoin project Worldcoin (WLD), which marked the last period, continued, a statement came from the team. Authorities, who shared a post on the official blog site today, stated that the interest in the digital identity-themed initiative is very high, especially in Argentina.
According to the Worldcoin team, the interest in the South American country was so great that a citizen signed up for the project every 9 seconds by sharing their identity information. The developers emphasized that the number of people verified in the country has reached 9,500.
Worldcoin co-founder Alex Blania believes Argentina is ahead of other countries when it comes to crypto.
“Argentinians are much more sensitive and understanding of the basic principles of cryptocurrency.”
According to the blog post, difficult economic conditions in the country are causing citizens to flock to cryptocurrencies such as Worldcoin to protect their assets.
In the country, pro-cryptocurrency libertarian candidate Javier Milei unexpectedly won the primaries in the presidential race.
Worldcoin Under Investigation!
The project is under the grip of the authorities, despite WLD developers claiming that there is great interest in Argentina. Argentina’s Public Information Access Agency is conducting research into what procedures Worldcoin collects and where it goes. The state agency stated that it is ready to take all kinds of measures.
Kenya, one of the African countries, has decided to suspend all the activities of the altcoin project in the country. Detailed investigations into Worldcoin continue in most European countries. The developers, on the other hand, insist that they act in accordance with the law.
WLD Price
WLD, which has been listed on giant exchanges such as Binance in the past weeks, has been losing value for a long time. The altcoin, which traded above the $2.5 level in the first listing hours, has dropped as low as $1.17 today.
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