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

Other news
Bitcoin Price Forecast Remains Positive

Bitcoin price forecast remains positive with analysts predicting a value of 86,068 in five days and 90,919 in three months.

LTHSTH SOPR Ratio Indicates Growing Market Strength

The LTHSTH SOPR Ratio indicates that long-term Bitcoin holders are realizing stronger profits than short-term traders, suggesting growing market strength.

Bitcoin Surges to 81,000 as Bullish Sentiment Grows

Bitcoin has recently touched the 81,000 zone, indicating a strong bullish sentiment in the market.

Bitcoin Market Cycle Shows Signs of Evolution

Bitcoin's market cycle is evolving with lower volatility and more controlled price action, moving away from extreme swings.

Ethereum Reserves on Binance Increase Amid Price Consolidation

Ethereum reserves on Binance have increased to approximately 362 million ETH, indicating potential bearish sentiment among investors.

XRP Whale vs Retail Spread Metric Indicates Market Shift

The XRP Binance Whale vs Retail Spread metric has fallen to approximately 0.888, indicating a shift in market dynamics.

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