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
Bybit Expands Payment Solutions in Peru with Bybit Pay

Bybit has launched Bybit Pay in Peru, integrating with popular digital payment platforms Yape and Plin to enable cryptocurrency payments.

Project Eleven Secures $20 Million in Series A Funding

Project Eleven, a leader in postquantum security, has raised $20 million in a Series A funding round to enhance digital asset security.

Project Eleven Collaborates with Leading Protocols for Postquantum Readiness

Project Eleven is collaborating with the Solana Foundation and other leading protocols on postquantum readiness planning and technical work.

Bitcoin's Unique Economic Model Compared to Gold

In her latest report, Cathie Wood draws a critical distinction between Bitcoin and gold, emphasizing Bitcoin's fixed supply of 21 million coins compared to gold's elastic supply through mining.

South Korea Changes Corporate Cryptocurrency Tax Valuation Method

On January 16, 2025, South Korean authorities announced a significant change in the valuation methodology for corporate cryptocurrency transactions, shifting from FIFO to total average to simplify compliance and reflect trading patterns.

Aave Maintains Stability and Prepares for Major Growth in 2026

Aave shows stability in decentralized finance with plans for significant growth in 2026.

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