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🚨 Bad news for World (formerly known as Worldcoin) in Chile: The Supreme Court has ordered the deletion of biometric data collected without permission from a minor. 🇨🇱🚫 The case was brought forth by attorney Rodrigo Lagos, whose daughter had her iris scanned without consent, raising serious privacy concerns. Lagos emphasized that minors cannot provide valid consent for such procedures. Initially dismissed by a lower court, the Supreme Court ruled that World must delete all records related to the minor's World ID within 30 days, highlighting the importance of protecting personal data. Chile has seen growing opposition to World’s activities, with a consumer protection agency investigating its operations. Despite this, the project gained traction in 2023, signing up over 1% of the population. What are your thoughts on the balance between innovation and privacy? Let us know! 💬
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🇬🇧 A U.K. court has dismissed James Howells' lawsuit against Newport City Council to search for his lost hard drive containing 7,500 BTC! 💻 Judge Keyser KC ruled that Howells' claim had "no realistic prospect of succeeding if it went to trial." Howells, a Newport-based engineer, sought over $640 million but faced legal challenges as the council argued they owned the hard drive. Since discovering the hard drive was mistakenly thrown away, Howells' case has drawn media attention, especially as BTC value soared! Despite setbacks, Howells' legal team remains optimistic, envisioning a "precise" search for the hard drive.
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#BitcoinDominance held strong in 2024, leading in price, adoption, and market share. With competitors conceding its role as the ultimate store of value and ETFs smashing records, #BTC remains the undisputed king of #crypto.
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🚨 Ripple’s RLUSD is gunning for the big leagues! With NYDFS approval in hand, RLUSD is pushing for major exchange listings—yes, even Coinbase. Compliance? Check. Institutional demand? 🔥. Ripple’s betting big that RLUSD’s edge will win this “war of attrition” in the stablecoin race. Are we about to see RLUSD dominate Coinbase and beyond?
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Is this the end of crypto enforcement as we know it? 🚨 Top U.S. regulators who led the charge are stepping down. At the CFTC, Ian McGinley, who built its reputation as a powerhouse for crypto enforcement, is leaving. Under his leadership, the agency targeted insider trading and crypto fraud, making waves in digital markets. Meanwhile, SEC’s Gary Gensler, known for 100+ enforcement actions against crypto giants like Coinbase and Binance, is also exiting. President-elect Trump wants to rewrite the crypto playbook—Bitcoin reserve, no CBDC, and pro-mining policies. 🇺🇸 Are we entering a golden age for crypto innovation? 📈
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