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News Explorer — Singapore Investigating People Offering Illegal Services Related to Worldcoin

Generated by AI, curated by humans


Sep 11, 8:00 am
Coindesk

Singapore Investigating People Offering Illegal Services Related to Worldcoin

Singapore is investigating seven individuals for offering services related to buying or selling Worldcoin accounts and tokens, which is considered an offense. The government has stated that while Worldcoin does not fall under payment service regulations in Singapore, individuals engaging in the buying or selling of Worldcoin accounts and tokens may be acting illegally by providing unlicensed payment services. The Singapore police have also warned the public about the potential risks of giving away or selling Worldcoin accounts or tokens for criminal activities.

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