The Worldcoin (WLD) project, which has OpenAI CEO Sam Altman as a co-founder, recently 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 has ordered the Worldcoin project to suspend its collection of personal data for a period of 90 days, according to information in a Reuters report. In February, Worldcoin was banned for up to three months in Spain.
“Portugal’s data regulator, the CNPD, stated that there was a high risk to citizens’ data protection rights, which justified urgent intervention to avoid serious damage,” as highlighted in the report. “More than 300 thousand people in Portugal provided Worldcoin with their biometric data,” he said.
At the time of publication, the price of Worldcoin was quoted at US$9.01, up 3.6% in the last 24 hours.
Investigations against Worldcoin
The Worldcoin (WLD) project is facing yet another investigation, this time in South Korea. The country’s Personal Information Protection Commission announced in early March that it is investigating Worldcoin following complaints regarding the project’s collection of personal information.
Complaints received by the Agency occur, in particular, regarding the scanning of people’s irises in exchange for cryptocurrency.
“The Personal Information Protection Committee initiated an investigation on Thursday, February 29, following complaints about the collection and processing of personal information (iris information, etc.) by World Currency and others. It has been confirmed that World Coin affiliates are currently collecting facial and iris recognition information at approximately 10 locations in Korea,” the official wrote.
It is worth remembering that the UK data regulator, Information Commissioner’s Office, the French privacy regulator, Commission nationale de l’informatique et des libertés (CNIL) are also investigating Worldcoin. The Worldcoin crypto project was suspended in Kenya in August last year. Additionally, in December, the Worldcoin (WLD) crypto project’s Orb verification service was stopped in the countries of India, Brazil and France.
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 in or trading cryptocurrencies carries a risk of financial loss.
Source: https://portalcripto.com.br/worldcoin-recebe-ordem-para-suspender-recolha-de-dados-biometricos-em-portugal/
