Worldcoin (WLD) 12% Rally Hits A Snag: Portugal Demands Halt To Biometric Data Collection

Summary

Portugal's data regulator, CNPD, has ordered a 90-day halt to Worldcoin's biometric data collection, citing high risk to citizens' data protection rights. Worldcoin faces similar bans in Spain and Kenya, and is under investigation in Germany. Despite regulatory challenges, Worldcoin's token, WLD, has seen a 12% gain in the past week, trading at $9.01 with a 65.10% increase in trading volume. Resistance for WLD is expected at $9.5 and $10.14, with support at $8.36 and potential decline to $8 or $7.93 if support is not held.