đ± Worldcoin in Hot Water: Colombia Says "Not So Fast!"
Hey, crypto fans! đ We've got some drama brewing in Colombia, and itâs all about Worldcoin, the crypto project from Sam Altman (yes, the OpenAI guy!). Hereâs the scoop:
What's Happening?
Worldcoinâs been busy in Colombia, collecting peopleâs data with this sci-fi-looking device called the "Orb" in 25 locations, including big cities like BogotĂĄ and MedellĂn. But Colombia's watchdogs, known as the Superintendence of Industry and Commerce (SIC), aren't too happy about it. đš
The Problem?
The SIC thinks Worldcoin might be breaking some serious data protection rules. Theyâre investigating if the company followed the law when collecting sensitive info. If Worldcoin's found guilty, they could face fines, get shut down temporarily, or even permanently! đŹ
Why It Matters
This isnât just a Colombia issueâother Latin American countries like Argentina are also giving World$coin the side-eye đ. Itâs a reminder that even the coolest crypto projects need to follow the rules.
So, will Worldcoin weather this storm, or will they have to pack up their Orbs? Stay tuned! âł