{"id":138869,"date":"2024-10-08T14:00:55","date_gmt":"2024-10-08T11:00:55","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138869"},"modified":"2024-10-08T11:30:40","modified_gmt":"2024-10-08T08:30:40","slug":"worldcoin-shifts-focus-away-from-europe-amid-regulatory-challenges","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/worldcoin-shifts-focus-away-from-europe-amid-regulatory-challenges\/","title":{"rendered":"Worldcoin Shifts Focus Away from Europe Amid Regulatory Challenges"},"content":{"rendered":"<p>CEO Fabian Bodensteiner <strong><a href=\"https:\/\/sifted.eu\/articles\/worldcoin-europe-gdpr\" target=\"_blank\" rel=\"nofollow\">highlighted<\/a><\/strong> the company\u2019s decision to prioritize regions that are more receptive to innovative technologies.<\/p>\n<p>Speaking at the \u201cSifted Summit,\u201d he stated that due to limited resources, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/worldcoin-org\/\">Worldcoin<\/a><\/strong> is shifting its attention to markets with greater business potential.<\/p>\n<p>Since its launch in July 2023, Worldcoin has faced regulatory challenges in Europe, including an investigation by Germany\u2019s Bavarian State Office over its biometric data practices.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/how-panic-buying-in-chinese-stocks-affects-the-top-traded-crypto-token\/\" title=\"How Panic Buying in Chinese Stocks Affects the Top-Traded Crypto Token\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/10\/stockchinareddown-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">How Panic Buying in Chinese Stocks Affects the Top-Traded Crypto Token<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Additionally, countries like Spain and Portugal have suspended its operations due to personal data concerns. Despite these hurdles, Worldcoin successfully initiated operations in Poland and began digital identity verification in Austria.<\/p>\n<p>Bodensteiner reaffirmed the company\u2019s commitment to engaging with European regulators, emphasizing that they do not intend to abandon the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Worldcoin, the digital identity venture co-founded by Sam Altman of OpenAI, is refocusing its efforts away from Europe.<\/p>\n","protected":false},"author":7,"featured_media":85125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-138869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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