The Superintendence of Industry and Commerce (SIC) of Colombia has issued a statement accusing the decentralized identity project Worldcoin and its parent company Tools for Humanity of violating personal data protection regulations.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 BogotĂĄ. If Worldcoin is found to be in violation, SIC may impose economic sanctions or temporarily (for 6 months) or permanently shut down its operations.It is worth noting that governments in several Latin American countries have begun investigating Worldcoin's activities. In August of this year, the Central Bank of Ecuador reiterated that "cryptocurrencies are not money." In the same month, the Argentine Access to Public Information Agency (AAIP) also launched an investigation into Worldcoin to determine the legality of its data collection practices.

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