Thursday, May 21, 2026

Creating liberating content

NFC Summit returns to...

Lisbon, Portugal — June 4–6, 2026 NFC Summit 2026 returns to Lisbon from June...

Cyprus Digital Marketing Summit...

Skyrocket Marketers Agency, the organiser of the inaugural Cyprus Digital Marketing Summit, is...

Cloudbet Adds ELA Games...

The world’s longest-running crypto casino continues to build out its supplier roster with...

The Future of Tech:...

The future of real estate took center stage as we successfully hosted “The Future...
HomeWorldcoin faces regulatory...

Worldcoin faces regulatory setback in Indonesia over compliance issues

Indonesia’s Ministry of Communication and Digital has temporarily suspended World (formerly Worldcoin) and its digital identity platform, World ID, citing registration issues and possible violations of local electronic system rules.

According to a May 4 statement, the ministry confirmed it had suspended the Electronic System Organizer Registration Certificate (TDPSE) for both Worldcoin and World ID. This suspension came after the agency discovered inconsistencies in how the project operated in the country.

The ministry noted that one of Worldcoin’s local affiliates, PT Terang Bulan Abadi, failed to register as a recognized Electronic System Organizer.

This status is mandatory for any digital platform seeking to operate legally in Indonesia. Instead, the project reportedly ran its operations under the license of another company, PT Sandina Abadi Nusantara, raising concerns over identity misuse and compliance gaps.

The Director General of Digital Space Supervision, Alexander Sabar, said the ministry will summon both entities to investigate further. He noted that this move is preventive and intended to protect the public from any potential harm that unregistered digital service providers pose.

Sabar also emphasized that all digital platforms must take full responsibility for their activities and operate transparently within the country’s legal framework.

Worldcoin’s advancements

This suspension marks another regulatory obstacle for Worldcoin as it attempts to expand its presence worldwide.

Over the past year, the project has faced regulatory scrutiny from authorities in several countries, including Kenya, Germany, and Hong Kong, which have scrutinized its data collection practices.

Despite these setbacks, the platform has recently secured notable growth by expanding its identity verification system into the United States.

The service is now available in six cities, including Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco, where residents can verify their identity as humans through World ID.

Beyond that, World has also announced partnerships with companies like Visa, Tinder, Kalshi, and Morpho to explore new applications for its technology and drive broader adoption.

The post Worldcoin faces regulatory setback in Indonesia over compliance issues appeared first on CryptoSlate.

Continue reading

Polymarket data shows low chances of impeachment for President Donald Trump

Crypto-based prediction markets are signaling that impeachment odds for US President Donald Trump remain low, despite a formal push in Congress. According to data from Polymarket, crypto bettors estimate that there is just a 6% chance that Trump will face...

US lawmakers push COIN Act to block officials from profiting from crypto

A group of US lawmakers, led by Senator Adam Schiff, introduced a new bill on June 23 to stop public officials, including the president, from using digital assets for personal gain. The Curbing Officials’ Income and Nondisclosure bill, also known...

Ethereum developers issue proposal to halve block slot time to boost transaction speed

Ethereum’s core developers are pushing for a major technical change that could reshape how quickly the network processes transactions. On June 21, Barnabé Monnot, one of Ethereum’s core contributors, suggested a new proposal, EIP-7782, which would halve the block slot...