Artificial intelligence (AI)-based digital asset Worldcoin (WLD) is claiming that nearly nine out of ten users in Spain, a country that banned it earlier this year, support the altcoin’s return. In a new blog post, Worldcoin – an eye-scanning, privacy-focused project founded by OpenAI CEO Sam Altman – says it has conducted a study of […]
The post Spain Forces Worldcoin (WLD) To Halt Operations As the Project Claims 87% of Spanish Users Support Its Return appeared first on The Daily Hodl.
Worldcoin, the biometric proof-of-personhood identification protocol, has agreed to temporarily stop its operations in Spain. According to statements from the Spanish privacy watchdog AEPD, the company committed to stop its data collection practices for a year or until Baviera’s privacy regulator finishes its investigation into Worldcoin’s inner workings. Worldcoin to Pause Biometric Data Collection Activities […]
Worldcoin agrees to suspend activities in Spain until the end of the year or until a resolution is reached by the German data authority in ongoing data protection investigations.
The Spanish data watchdog announced that Worldcoin has legally agreed not to resume its activity in Spain until the end of the year.
On June 4, the Spanish Agency for Data Protection (AEPD) said that Tools for Humanity Corporation, the company behind the human identity and financial network Worldcoin, will not resume collecting and processing data until the end of 2024 or until final resolutions of an ongoing investigation.
Currently, the data protection authority of Bavaria, Germany, Bayerische Landesamt für Datenschutzaufsicht (BayLDA), is investigating the organization regarding its treatment of personal user data.
Worldcoin, the iris-scanning biometric proof-of-personhood project, announced on Thursday the launch of its operations in Colombia. Via social media, the project reported that eye-scanning operations were already available in Bogota and Medellin, for World ID users. Currently, only ten locations with orbs (iris scanning machines) are available, six in Bogota and four in Medellin. Nonetheless, […]
Libertarian Argentina has “enormous possibilities” under his leadership, Milei tells Sam Altman.
Argentinian President Javier Milei will meet privately with a number of high-profile figures, including top tech CEOs during a trip to Silicon Valley in California as he tours the United States. He will use the occasions to promote business relations with Argentina, according to press reports.
Milei told OpenAI and Worldcoin head Sam Altman about “the enormous possibilities offered by a libertarian Argentina” during their hourlong meeting on May 28. Alex Blania, co-founder and CEO of Tools for Humanity, the main developer of the Worldcoin project, was also at that meeting. It was Milei’s second meeting with the men. Worldcoin was active in Argentina in the summer of 2023 but faces political opposition.
Other tech luminaries on Milei’s roster include Alphabet’s Sundar Pichai, Meta’s Mark Zuckerberg and Apple’s Tim Cook. Milei will also meet with a group of start-up and AI entrepreneurs and speak at the Pacific Summit.
The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong residents. Worldcoin’s Excessive Data Collection Methods An investigation by the Hong Kong Office of the Privacy Commissioner for […]HK's privacy watchdog ordered Worldcoin to delete all collected iris biometric data, citing privacy law violations and lack of transparency.
The post Hong Kong orders Worldcoin to stop collecting iris biometric data appeared first on Crypto Briefing.
The Worldcoin project’s predatory tokenomics will not result in the “greatest transfer of wealth” to the masses but a transfer to the “pockets of the Worldcoin team and insiders,” a top-ranked trader has asserted. The top trader also accused project promoters of using Open AI co-founder Sam Altman’s past endorsement of Worldcoin to prop up […]
Alex Blania, CEO of Tools For Humanity, the company behind Worldcoin, recently traveled to Argentina and met with high-profile officials of President Milei’s administration. The objective behind these meetings would be to clarify this project’s objectives given that it has found opposition from local regulators who allege Worldcoin is violating the Argentine citizens’ rights. Worldcoin […]
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: South African Ponzi scheme mastermind dies of a heart attack in Brazil, the Argentine House advances crypto tax regularization bill, and Buenos Aires targets Worldcoin with a new bill. South African Ponzi Scheme […]
