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The Securities Commission Malaysia (SC), the country’s regulatory authority, has approved the trading of the Worldcoin (WLD) token on digital asset exchanges recognized by the SC. Malaysia-based digital business solutions provider Cuscapi announced the exciting news that its associate company MX Global had received the necessary approval on May 9th, paving the way for the trading of the WLD token.In March 2022, MX Global received an undisclosed equity investment from cryptocurrency exchange Binance. The token joins a growing list of 14 permitted digital assets allowed for trading within the country. Notable names among the permitted cryptos include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Polygon (MATIC), and Solana (SOL).The news of the approval comes a month after Worldcoin executives met with senior Malaysian officials to discuss the token’s strategic expansion. Leading developer Alex Blania, alongside OpenAI CEO Sam Altman, had a 30-minute virtual discussion via video conference prior to the physical meeting. During this conversation, they covered various aspects related to the rapid development of technology.The emergence of the Worldcoin project has sparked privacy concerns across international borders. In March, Portugal’s data oversight authority, CNPD, issued a directive instructing WLD to temporarily suspend biometric data collection for a period of 90 days. The CNPD expressed concerns regarding the potential risk to citizens’ data protection rights and demanded immediate action to mitigate any potential harm.However, a contrasting viewpoint has emerged from Ethereum co-founder Vitalik Buterin. He acknowledges the proactive measures taken by Worldcoin to safeguard user data privacy, praising the implementation of cryptographic measures by Sam Altman. Buterin believes that the team has diligently addressed privacy critiques.