Price Weakness and Regulation Weigh on Worldcoin

[cryptoenthusiast]

Worldcoin’s price has fallen over 21% in the past month, now trading near $0.50 despite a modest daily bounce. Beyond market pressure, regulatory scrutiny is intensifying. Thai authorities recently ordered the project to halt iris-scanning operations and delete biometric data from more than one million users.

Combined with earlier actions in Kenya and Indonesia, these challenges add uncertainty as investors debate whether institutional backing can offset regulatory and adoption risks.