Worldcoin is a cryptocurrency project that aims to create a universal and inclusive financial system by distributing a new digital currency to as many people as possible. The idea is to provide a way for everyone to participate in the economy, regardless of their background or location.A key feature of Worldcoin is its approach to identity verification. The project uses a device called the Orb, which scans individuals’ irises to create unique digital identities. This helps ensure that each person can claim their share of Worldcoin, preventing fraud and duplication.The goal is to promote financial equity and access, particularly in underserved areas. With Worldcoin, advocates hope to foster a more decentralized and fair economic system, where digital currency can be easily accessed and used by anyone.Overall, Worldcoin seeks to combine innovative technology with a vision of global economic inclusion, making it unique in the landscape of digital currencies.

China Reaffirms Strict Oversight on Virtual Currencies at Financial Street Forum
China’s central bank reiterated its tough stance on virtual currency activities as the 2025 Financial Street Forum Annual Meeting opened

