Regulators in Portugal have issued a temporary block on Worldcoin's plan to collect biometric data, causing a setback for the AI cryptocurrency project. The scrutiny on this project aligns with the increased attention on AI technology itself. Worldcoin's data collecting efforts have sparked concerns, leading to complaints about information deficiencies, unauthorized data collection from minors, and failure to delete data. The Portuguese data regulator has intervened by blocking Worldcoin's services for a 90-day period. The Worldcoin Foundation's data protection officer has assured compliance with GDPR and willingness to address concerns, including issues with underage sign-ups. This block comes on the heels of several legal disputes that Worldcoin has been involved in recently.
Portugal Authorities Block Worldcoin's Biometric Data Collection

by Giorgi Kostiuk
2 years ago
Made with AI
Tier I
Sector: #18291
Sealed Cache Room

Resource Cache
Tier I

Meme Cache
Tier I

Equipment Cache
Tier I
After collecting, caches will be stored in your inventory and can be opened with Keys.
Tier I
Sector: #18291
25%
50%
75%
100%
Survivors rescued:
0 / 600
Survivors
0/0
Other news
UBS Considers Cryptocurrency Trading for Private Banking Clients

UBS is evaluating cryptocurrency trading options for private banking clients in Switzerland, with potential expansion to Asia-Pacific and US markets.

UBS Significantly Boosts Bitcoin ETF Holdings

UBS has significantly increased its Bitcoin ETF holdings, tripling its stake in BlackRock's iShares Bitcoin Trust to approximately 90 million shares.

Alphabet Diversifies Stock Portfolio in Q2 2026

Alphabet has updated its stock portfolio, now owning 28 stocks across various sectors to ensure long-term growth.

SpaceX Drops AMD in Favor of Nvidia for AI Projects

SpaceX announced it will exclusively use Nvidia chips for AI projects, dropping AMD, during a quarterly earnings call on August 4, 2023.

Trump Asserts US Dominance Over Strait of Hormuz Amid Tensions

US President Donald Trump claims total US control over the Strait of Hormuz amid tensions with Iran, despite a significant drop in maritime traffic.

Crypto Market Faces Layoffs and Shifts in Investment Trends

The crypto market is currently facing significant layoffs, with firms like Coinbase and FalconX reducing their workforce. Retail investors are increasingly shifting their focus from cryptocurrencies to sports betting platforms and AI stocks.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter




