Singapore Investigating Seven People for Providing Worldcoin Services

Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of Monetary Authority of Singapore responded to say that while Worldcoin does not perform a payment service under Singapore regulations, people buying or selling Worldcoin accounts and tokens may be acting illegally by providing a payment service as unlicensed individuals.

Source: https://www.coindesk.com/policy/2024/09/11/singapore-investigating-seven-people-for-providing-worldcoin-services/?utm_medium=referral&utm_source=rss&utm_campaign=headlines