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
Anthropic's Report Reveals AI's Potential for Self-Improvement
A new report by Anthropic reveals that AI systems, particularly Claude, are significantly contributing to software development and may lead to recursive self-improvement.
Israel's Crypto Disclosure Program Sees Disappointing Participation
Only 58 individuals participated in Israel's voluntary crypto disclosure program, falling significantly short of expectations.
Thunes Enhances US Payment Infrastructure with Real-Time Capabilities
Thunes has officially launched real-time payment capabilities in the United States, enhancing its cross-border settlement infrastructure.
David Hoffman Highlights Lighter's Unique Features in Crypto Debate
David Hoffman discusses the advantages of Lighter over Robinhood, focusing on its transparency, specialized features, and zero-knowledge system that enhances trust among traders.
XRP and SWIFT: A New Perspective on Global Payments
Recent discussions suggest that XRP and SWIFT may not be direct competitors but rather part of a hybrid financial system.
Historic Mortgage Secured by Bitcoin Closed in Michigan
A Michigan couple has made history by closing on the first government-backed mortgage using Bitcoin as collateral.
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