• 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

Injective Seeks SEC Approval to Become a Transfer Agent

chest

Injective has filed Form TA1 with the SEC to register as a transfer agent, aiming to support regulated real-world asset infrastructure on-chain.

user avatarElias Mukuru

The Critical Role of Transfer Agents in Financial Markets

chest

Transfer agents are crucial for maintaining securities ownership records and facilitating transfers, especially as markets transition to on-chain solutions.

user avatarDiego Alvarez

dYdX Chains v51 Upgrade Enhances Market Flexibility with Smart Contracts

chest

The v51 upgrade of dYdX Chains allows users to launch perpetual markets without governance intervention, enhancing market flexibility.

user avatarKenji Takahashi

Sui's Confidential Transactions Aim for Selective Confidentiality

chest

Sui is exploring a selective confidentiality model for its confidential transactions, allowing sender and recipient addresses to remain visible while hiding amounts and balances, addressing privacy concerns for businesses.

user avatarMaria Fernandez

Uniswap Governance Proposes Fee Routing for UNI Token Burns

chest

Uniswap governance is reviewing a proposal to route protocol fees from selected Optimism pools toward UNI token burns, aiming to strengthen the connection between trading activity and token economics.

user avatarGustavo Mendoza

Account Abstraction Set to Transform Crypto User Experience

chest

The introduction of account abstraction aims to address user experience issues in the crypto space, such as intimidating seed phrases and confusing gas fees, with a broader rollout planned for September 2026.

user avatarRajesh Kumar

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.