What's happening with Worldcoin legally? 🤔
Worldcoin ($WLD ), the project combining digital identity and cryptocurrency 🌐💰, is facing legal challenges in several countries. The main issue: the use of biometric data, like iris scans 👁️, has raised concerns about privacy and compliance with local laws.
What are the authorities saying? 🚨
Spain: 🇪🇸 The Spanish Data Protection Agency (AEPD) has ordered Worldcoin to delete all collected iris data, stating that the company does not comply with the GDPR (General Data Protection Regulation).
Germany: 🇩🇪 Bavaria's data protection authority also pointed out that Worldcoin's practices violate EU regulations.
Other countries: 🌍 France, the UK, Argentina, and Kenya have also raised concerns and demanded clarity on how biometric data is being handled.
What does Worldcoin say? 🛡️
Worldcoin claims that their operations are legal and comply with the regulations of each country where they operate. However, these legal issues have raised doubts among users.
What does this mean for users? 🤷♂️
If you are part of this project or considering joining, it's essential to stay informed 🧐 about how your personal data is being used. Although Worldcoin promises security 🔒, many authorities remain unconvinced.
Questions for you: 💬
1. Do you think projects like Worldcoin are worth it despite the legal issues? 🤷♀️
2. What’s your opinion on the use of biometric data in cryptocurrencies? 👁️
3. Are you concerned about the protection of your data in such initiatives? 🔍
Let us know your thoughts in the comments! 👇✨
