• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The Spanish authorities insist on the termination of the Worldcoin project

The Spanish authorities insist on the termination of the Worldcoin project

user avatar

by Max Nevskyi

2 years ago


Spanish regulators are taking steps to shut down the Worldcoin project, expressing concern over the collection of citizens' biometric data. AEPD Director, María España Martí, has called on the company to immediately cease collecting iris data in exchange for tokens and to stop using data already collected. This warning follows after the AEPD gave Worldcoin 72 hours to comply with their recommendations. Particularly alarming is the collection of information about minors. Spain has become the first country in Europe to oppose Worldcoin's actions, raising the question of the need for coordinated action by EU regulators.

Worldcoin has encountered problems not only in Europe. Access to the project is blocked in China and India, and last year Kenyan authorities accused it of illegal activity, suspending its operations in the country. In early 2024, Hong Kong police began investigating Worldcoin's activities, conducting raids at six local offices.

Despite the resistance from law enforcement agencies in various countries, Worldcoin co-founder Sam Altman announced that the project has reached an important milestone: the number of daily users of the World App wallet has exceeded one million. This indicates significant interest in the project despite legal and ethical controversies surrounding it.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Oppenheimer Analyst Upgrades Oracle Stock Rating

chest

Oppenheimer analyst Brian Schwartz upgraded Oracle's stock rating to 'buy' with a target price of $185, indicating a potential 25% return on investment over the next 12 months.

user avatarNguyen Van Long

Oracle Stock Surges After Nvidia Earnings Call

chest

Oracle's stock price increased significantly following Nvidia's positive earnings report, which alleviated concerns about the AI market.

user avatarSatoshi Nakamura

Bitcoin's Correlation with Stock Market Hits Record Low

chest

Bitcoin has recently become the least correlated to the stock market since the FTX crash in 2022, according to analytics firm Santiment.

user avatarJesper Sørensen

Dutch Finance Minister to Revise Tax Overhaul

chest

The Dutch Finance Minister announced plans to amend the controversial tax bill on unrealized gains following criticism from lawmakers and investors.

user avatarRajesh Kumar

India's Gold ETF Inflows Hit Record 250 Billion Rupees

chest

Gold ETF inflows in India have reached a record 250 billion rupees, surpassing equity mutual fund inflows for the first time.

user avatarLucas Weissmann

Potential Surge in Coinbase's USDC Revenue with Increased Adoption

chest

Bloomberg analysts estimate that Coinbase's USDC-related revenue could grow significantly with broader adoption and regulatory clarity.

user avatarFilippo Romano

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.