Worldcoin Hit With Major Setback as Thailand Mandates Data Deletion

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Thailand Worldcoin Crackdown

Thai authorities have ordered World (formerly Worldcoin) to erase the biometric data of 1.2 million individuals and immediately cease all activities in the country. The decision follows an October 24 raid targeting the company’s local premises, as regulators accused the project of violating Section 26 of Thailand’s Emergency Decree on Digital Asset Businesses.

Thai SEC Targets Worldcoin Over Unlicensed Operations

In its initial statement, Thailand’s Securities and Exchange Commission (SEC) alleged that World had been running a digital asset business without the required license. Worldcoin is an ambitious initiative combining biometric identity verification, blockchain-based digital IDs, and the WLD cryptocurrency.

More than 17 million users worldwide have submitted to iris scans to join the project, a practice that has drawn increasing scrutiny across global jurisdictions. Thailand, which hosts 102 Worldcoin retina-scanning stations, conducted its raid in an effort to prevent potential scams and curb money-laundering risks.

Regulators Demand Deletion of Local Biometric Data

According to reporting from DLNews, authorities concluded that exchanging biometric data for digital assets violates Thai law. As a result, World must delete all biometric information collected in the country, affecting roughly 1.2 million people.

A spokesperson for Tools for Humanity, the organization overseeing Worldcoin, confirmed that operations have been suspended in Thailand. Despite the halt, the spokesperson emphasized that the project had complied with all local laws and argued the decision harms users:

“This pause negatively impacts millions of Thais who adopted this technology to protect themselves from scams, identity theft, and AI-driven fraud they face daily.”

Local partners estimate that the mandated deletion could cost users around $31 million in lost value.

Global Wave of Regulatory Pushback

Worldcoin has faced repeated regulatory blocks around the world. In France, the project is under investigation by the CNIL data-protection authority. Other countries, including Colombia, Hong Kong, Brazil, Kenya, Germany, Indonesia, and Spain, have either restricted or outright banned the project.

Concerns vary from violations of personal-data protection laws to broader fears of mass-surveillance systems. China recently issued a warning about a potential global monitoring program widely interpreted as a reference to Worldcoin.

Worldcoin Attempts to Ease Concerns

Worldcoin has tried to alleviate fears through public communications and transparency efforts. Recently, it open-sourced its iris-scanning hardware to the public domain. Still, skepticism remains high regarding the safety and necessity of biometric-based identity systems.

WLD, the project’s native token, is currently trading at approximately $0.62, up 0.30% over the past 24 hours. However, it remains far below its March 2024 peak of $11.82. With growing regulatory pressure, challenges for both the project and the token’s long-term value appear far from over.

By Patrick Johnson

Patrick Johnson is a seasoned crypto journalist and analyst with a sharp eye for emerging trends in blockchain, DeFi, NFTs, and Web3 innovation. With a background in tech writing and years of experience tracking digital assets, Patrick breaks down complex topics into clear, actionable insights for investors, builders, and curious readers alike. His work spans market analysis, crypto regulation, decentralized finance ecosystems, and interviews with founders shaping the next phase of the internet. Patrick's writing has appeared in leading crypto publications and has earned a reputation for depth, clarity, and a no-hype approach to crypto journalism. When he’s not decoding the latest protocol upgrade or reporting on DAO governance shifts, you’ll find him experimenting with smart contracts or hiking off-grid, because even crypto authors need to unplug sometimes.