The project
worldcoin
(WLD), which has OpenAI CEO Sam Altman as a co-founder, is facing
but
an
investigation
, this time in Spain and halted its operations in the country. Spain’s data watchdog announced, on June 4, that Worldcoin has entered into an agreement so that it will not resume its activities in the country until the end of 2024.
“The Spanish Data Protection Agency (AEPD) ordered a precautionary measure last March so that Tools for Humanity Corporation ceased the collection and processing of personal data that it carried out in Spain within the scope of its Worldcoin project”, he wrote in his official statement .
The entity highlighted the progress of investigations carried out by Bayerisches Landesamt für Datenschutzaufsicht (BayLDA), the data protection authority in Bavaria, Germany, where the company has its main establishment in Europe, which are expected to be concluded soon. “In this context, the company has made a legally binding commitment not to resume its activity in Spain until the end of the year or until BayLDA adopts a final resolution in relation to the data processing carried out by the company”, he explained.
Read also
Coinbase Expands Political Investment with Million Dollar Donation Against Cryptocurrency Adversaries
The precautionary measure was approved by the National Court, which considered that “the safeguard of the general interest prevailed, which consists of protecting the right to the protection of personal data of interested parties in view of the company’s particular interest”. “Following the provisional measure imposed by the Agency, Tools for Humanity Corporation announced changes in its operation, such as the introduction of controls for age verification or the possibility of eliminating the iris code,”
complemented
.
It is worth remembering that, in March, the Worldcoin (WLD) project encountered a new setback in Europe. The project has raised privacy concerns in several countries since its launch in 2023. Portugal’s data regulator, CNPD, ordered the Worldcoin project to
suspend
its collection of personal data over a 90-day period, according to information from a Reuters report. In February, Worldcoin was banned for up to three months in Spain.
Disclaimer:
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
Editor’s Choice:
El Salvador Economy: 10x Growth Forecast with Bitcoin, According to Cathie Wood
Singapore’s DBS Bank Holds $648 Million in Ethereum Reserves, Nansen Reveals