• 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

Vitalik Buterin Reassesses Ethereum's Core Value Proposition

chest

Ethereum cofounder Vitalik Buterin reassesses the network's core value proposition, emphasizing its role as a censorship-resistant public data layer rather than just smart contracts or payments.

user avatarTomas Novak

Story Protocol's Token Value Plummets by 86%

chest

The native IP token of Story Protocol has experienced a dramatic decline, falling 86% to approximately $0.80 over the past year.

user avatarMaya Lundqvist

PIP Labs Cuts Staff to Focus on AI Development

chest

PIP Labs has announced layoffs affecting several employees as it pivots towards opportunities in artificial intelligence, reducing its workforce by about 10% to enhance focus on AI development.

user avatarKaterina Papadopoulou

US Treasury Targets North Korean IT Networks in Latest Sanctions

chest

US Treasury sanctions target North Korean IT networks involved in cryptocurrency schemes funding weapons programs.

user avatarLi Weicheng

Gold ETFs Face Record Outflows as Bitcoin Gains Popularity

chest

The largest US gold-backed ETF, GLD, reported a record outflow of $30 billion, while Bitcoin ETFs saw net inflows exceeding $900 million, indicating a shift in investor sentiment.

user avatarLeo van der Veen

Major Crypto Conferences in Dubai Canceled Amid Safety Concerns

chest

Two major crypto events in Dubai have been canceled or postponed due to safety concerns amid geopolitical tensions.

user avatarAisha Farooq

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.