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
Jacob & Co Launches Luxury Watch with Real Bitcoin Mining Capacity
Luxury watchmaker Jacob & Co has partnered with GoMining to launch the Epic X GoMining, a luxury watch that includes Bitcoin mining capabilities.
Mog Coin Experiences Modest Gains Amidst Market Fear
Mog Coin has seen a price increase of over 296% in the last 24 hours, despite a broader market sentiment of fear.
Mog Coin Faces Bearish Pressure Despite Recent Gains
Technical indicators suggest that Mog Coin may struggle to maintain its recent gains as bearish pressure persists.
Dormant Ethereum Whale Transfers 135,284 ETH to Gemini Exchange
A long-dormant Ethereum wallet has transferred its entire holdings to the crypto exchange Gemini, totaling 135,284 ETH.
Dormant Ethereum Whale Transfers 50,000 ETH to Gemini, Raising Selling Concerns
A long-dormant Ethereum whale has transferred 50,000 ETH, valued at approximately $145 million, to the Gemini exchange, raising concerns about potential selling pressure.
Bcon Global Launches Non-Custodial Crypto Payment Gateway
Bcon Global has launched a non-custodial crypto payment gateway to help businesses accept crypto payments directly to their wallets without intermediaries.
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