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
Cango Secures $105M Investment from Enduring Wealth Capital

Cango Inc. announces a $105M equity investment from Enduring Wealth Capital to strengthen its capital base and expand operations.

Experts Link Ongoing Crypto Theft to LastPass Breach Years After the Hack

Experts have traced ongoing cryptocurrency thefts back to the long-running LastPass breach, revealing a coordinated laundering operation.

XRP ETF Approval Marks New Era for Cryptocurrency Regulation

The approval of the XRP ETF marks a significant change in the US regulatory landscape for cryptocurrencies.

US Stock Market Opens Lower Amid Economic Uncertainty

The US stock market opened lower today, with all three major indexes showing declines amid ongoing economic assessments and global market influences.

IO DeFi Launches Eco-Friendly Cloud Mining Platform

IO DeFi has launched an eco-friendly cloud mining platform that allows investors to earn stable daily returns without hardware, fully compliant with UK regulations and utilizing AI technology.

Charles Hoskinson Dismisses Audit Transparency Inquiries

Charles Hoskinson, the founder of Cardano, has dismissed inquiries regarding the transparency of an audit on 318 million ADA from unredeemable presale vouchers, stating the matter is closed despite community concerns.

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