According to TechFlow, the Colombian Superintendency of Industry and Commerce (SIC) issued a statement accusing the decentralized identity project Worldcoin and the company behind it, Tools for Humanity, of violating the personal data protection system.
According to the Worldcoin website, the project currently uses Orb devices to collect personal data in 25 locations in Colombia, including 7 cities including the capital Bogota. If Worldcoin is found to have violated the rules, the SIC may impose economic sanctions or temporarily (for 6 months) or permanently shut down its operations.
It is worth noting that many Latin American governments have begun investigating Worldcoin's activities. In August this year, the Central Bank of Ecuador reiterated that "crypto assets are not currencies." In the same month, the Argentine Public Information Access Agency (AAIP) also launched an investigation into Worldcoin to determine the legality of its data collection practices.
