Colombia's Superintendence of Industry and Commerce (SIC) has launched an investigation against Worldcoin Foundation and Tools for Humanity for potential breaches of personal data protection laws. The probe focuses on whether the organizations violated Colombian regulations on sensitive data collection and processing. Allegations include failure to obtain proper consent for data collection, inadequate data security measures, and lack of mechanisms for addressing data subject complaints. If found guilty, penalties could include hefty fines and suspension of operations. This scrutiny reflects a global trend of increased oversight on tech companies' data practices. Worldcoin has faced similar challenges in other countries, such as Kenya and European nations, for its biometric digital identity system. Despite recent victories, the project continues to encounter legal obstacles. CryptoSlate provides comprehensive crypto news and insights, emphasizing Bitcoin, DeFi, and AI. Readers are advised to conduct their own research before engaging in cryptocurrency activities. Read more AI-generated news on: https://app.chaingpt.org/news