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
Ethereum Traders Keep an Eye on Balanced Liquidation Clusters

Ethereum traders are monitoring balanced liquidation clusters around $1,900 and $1,600, which may lead to sharp price movements.

Revised Editorial Guidelines Highlight Precision and Neutrality.

A strict editorial policy has been introduced to enhance the quality of content by focusing on accuracy, relevance, and impartiality.

Weslad's Technical Analysis Now Available on TradingView

An article based on technical analysis by Weslad is now accessible on TradingView.

Axelar Bridge Connection Suspended After $467 Million Exploit

The Axelar bridge connection to Secret Network has been suspended following a significant exploit involving an infinitemint vulnerability.

Company Boosts USD Reserve and Expands Bitcoin Holdings

The company has announced a significant increase in its USD Reserve by 300 million and acquired additional Bitcoin.

Japanese Pension Fund to Allocate 1% to Cryptocurrency

A Japanese corporate pension fund plans to allocate approximately 1% of its assets to cryptocurrency in fiscal 2026, marking a significant step in institutional crypto adoption.

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