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
Grayscale Files Second Amendment for BNB ETF as Regulatory Landscape Evolves
Grayscale has filed a second amendment to its BNB ETF registration, indicating a proactive approach to align with SEC feedback.
VanEck Submits Fifth Amendment for BNB ETF as Approval Hopes Rise
VanEck has filed its fifth amendment for the BNB ETF, increasing the chances of approval amid ongoing discussions with the SEC.
Urgent Call for Crypto Overhaul Amid Quantum Threats
Charles Hoskinson emphasizes the urgent need for the cryptocurrency industry to prepare for quantum computing threats, highlighting Bitcoin Improvement Proposal BIP361 as a solution.
Ethereum OG Reenters Market with Significant Purchase
An early Ethereum adopter, known as an OG in the community, has reentered the market by purchasing 1,951 ETH for approximately $426 million USDC.
Tom Lee's BitMine Accumulates 89,026 ETH Amid Market Weakness
Tom Lee's BitMine has acquired 89,026 ETH valued at approximately $19.764 million during a period of market weakness.
CLARITY Act Faces Bipartisan Support Challenge
The CLARITY Act has advanced out of the US Senate Banking Committee, but bipartisan support remains a significant hurdle for the legislation to become law.
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