Indonesia Suspends Sam Altman’s Crypto Project

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OpenAI CEO Sam Altman’s digital identity project, World, previously known as Worldcoin, is encountering difficulties in Indonesia after local regulators temporarily suspended its registration certificates.

On May 4, the Indonesian Ministry of Communications and Digital (Komdigi) halted the Electronic System Operator Certificate Registration (TDPSE) for World and World ID, citing suspicious activity and alleged registration violations.

Following the suspension, Komdigi plans to summon World’s local subsidiaries, PT Terang Bulan Abadi and PT Sandina Abadi Nusantara, to clarify the alleged violations.

A preliminary investigation suggests that World’s PT Terang Bulan Abadi may have been operating without the required TDPSE, while PT Sandina Abadi Nusantara, the subsidiary used for providing services, is allegedly involved in legal misrepresentation.