Indonesia has suspended Worldcoin’s operations, managed by local operator PT Terang Bulan Abadi, due to regulatory concerns about the collection of biometric data linked to the project. This suspension underscores increasing scrutiny on crypto projects utilizing biometric data, impacting Worldcoin’s native token value and highlighting potential shifts in market trust and privacy standards. The Indonesian authorities halted Worldcoin’s operations due to suspected data privacy violations. PT Terang Bulan Abadi, responsible for operating the platform, failed to comply with local data protection regulations. Worldcoin, a biometric crypto project co-founded by Sam Altman, uses retinal scans for identification. This suspension stems from Worldcoin’s incorrect use of an electronic system provider license, held by PT Sandina Abadi Nusantara.