• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Worldcoin's Compliance with European Data Regulations

user avatar

by Giorgi Kostiuk

a year ago


The Worldcoin project has reached a legal agreement to cease its operations in Spain until the end of the year, according to the Spanish data protection authority. The Spanish Agency for Data Protection (AEPD) disclosed that Tools for Humanity Corporation, the company behind Worldcoin, will temporarily halt data collection and processing until the culmination of 2024 or the resolution of ongoing investigations. Currently, the Bavarian data protection authority, BayLDA, in Germany, is conducting inquiries into Worldcoin's management of personal user data. The investigations are in progress, with an anticipated decision from BayLDA aligned with European supervisory authorities, including those in Spain who had mandated Worldcoin to halt data collection and processing activities in the country. Responding to the scrutiny, Worldcoin has reinforced security measures, such as releasing its biometric data system as an open-source and implementing stricter controls for user verification and iris code removal. Despite facing challenges in various countries like Spain and Germany, Worldcoin has showcased growth by reaching milestones of 10 million users and 70 million transactions in April 2024. Additionally, the project launched its 'human-centric' blockchain network, World Chain, to prioritize user needs and efficiency, and it plans to increase its token supply by up to 19% in the next six months.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Metaplanet Secures $130 Million Loan to Expand Bitcoin Holdings

chest

Metaplanet, a Tokyo-listed Bitcoin treasury firm, has secured a $130 million loan to enhance its Bitcoin holdings while maintaining its current inventory.

user avatarLuis Flores

Apeing: The Next Meme Coin to Watch

chest

Apeing is an upcoming meme coin that offers early whitelist access and strategic tokenomics, aiming to attract crypto enthusiasts and investors.

user avatarDavid Robinson

Chainlink Reserves Surge to 13 Million LINK Before Grayscale ETF Launch

chest

Chainlink has reached a significant milestone with its reserves hitting 13 million LINK, aiming to reduce supply and boost demand ahead of Grayscale's ETF launch.

user avatarArif Mukhtar

Whitelist Access for Apeing: A Unique Opportunity

chest

Apeing's whitelist access allows early participants to secure tokens at the lowest pricing tier and receive exclusive updates.

user avatarMaria Gutierrez

Ethereum Holds Key Support as Market Volatility Persists

chest

Ethereum remains stable above the $3,000 mark, showing controlled support despite intraday price swings.

user avatarAndrew Smith

Cryptocurrency Market Shows Mixed Performance on November 30, 2025

chest

The cryptocurrency market experienced mixed results on November 30, 2025, with Bitcoin rising slightly while Ethereum and Dogecoin saw declines.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.