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- **Kenya's #Data Protection Order**: The Office of the Data Protection Commissioner (ODPC) in Kenya issued an order in May to halt activities involving iris scanning, facial recognition, and other personal data collection within the country. - **#Worldcoin's Involvement**: The order was directed at Worldcoin's parent company, Tools for Humanity. The company was conducting these data collection activities in Kenya. - **Lack of Transparency**: The ODPC's letter stated that the agents involved in data #collection did not properly inform individuals about the security and privacy measures in place, as well as how the collected data would be used or processed. - **#Privacy Concerns**: The order reflects concerns over data privacy and protection, especially regarding advanced biometric data collection methods like iris scanning and facial recognition. - **#Regulatory Action**: The ODPC's action emphasizes the importance of compliance with data protection regulations and the need for transparent communication about data collection practices to ensure individuals' privacy rights are upheld. $WLD $ETH $BTC

- **Kenya's #Data Protection Order**: The Office of the Data Protection Commissioner (ODPC) in Kenya issued an order in May to halt activities involving iris scanning, facial recognition, and other personal data collection within the country.

- **#Worldcoin's Involvement**: The order was directed at Worldcoin's parent company, Tools for Humanity. The company was conducting these data collection activities in Kenya.

- **Lack of Transparency**: The ODPC's letter stated that the agents involved in data #collection did not properly inform individuals about the security and privacy measures in place, as well as how the collected data would be used or processed.

- **#Privacy Concerns**: The order reflects concerns over data privacy and protection, especially regarding advanced biometric data collection methods like iris scanning and facial recognition.

- **#Regulatory Action**: The ODPC's action emphasizes the importance of compliance with data protection regulations and the need for transparent communication about data collection practices to ensure individuals' privacy rights are upheld.

$WLD $ETH $BTC

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Crypto News Weekly Recap 📰 2nd April – 9th April ▫️ Crypto investment products witness record year-to-date inflows of $13.8 billion. ▫️ Average crypto portfolio increases by $2,804 in 2024, according to CoinLedger. ▫️ Bitcoin's next halving approaches, just two weeks away. ▫️ US vs Roman Storm: amicus briefs from Blockchain Association, Coin Center & DeFi Education Fund. ▫️ SEC Commissioner Peirce emphasizes improving communication between public & SEC. ▫️ Bank of England & FCA consult on digital securities sandbox, seeking feedback by May 29. ▫️ South Korea to tighten crypto exchange listings with upcoming guidelines. ▫️ Sony Bank to conduct stablecoin trial on Polygon. ▫️ US PayPal customers to use stablecoin for international payments. ▫️ HashKey launches global crypto exchange after obtaining Bermuda license. ▫️ Geth DoS vulnerability disclosed, fixed in v1.13.13. ▫️ Google sues developers for placing 87 fraudulent crypto apps on Google Play store. ▫️ Project Agorá: BIS & 7 central banks explore tokenization of cross-border payments. ▫️ Vitalik outlines next steps in the Purge, precompiles, history (via EIP4444), log reform & moving to SSZ. ▫️ Uniswap achieves $2 trillion in trading volume for the first time. ▫️ MakerDAO proposes allocating $600M of DAI to USDe and sUSDe. ▫️ SushiSwap governance proposal suggests shifting DAO treasury assets to new Sushi Labs vault. ▫️ Frax tokens to be natively issued on Noble, expanding into Cosmos ecosystem. ▫️ Ethena Labs adds Bitcoin as USDe backing asset. ▫️ Celestia brings Blobstream solution to Arbitrum Orbit chains. ▫️ Synthetix v3 goes live on Base, using USDC as collateral. ▫️ Gitcoin Grants 20 applications open until April 16. ▫️ Ethena's 'synthetic dollar' surpasses $2 billion supply within two months of public launch. ▫️ Agora, a stablecoin issuer, raises $12M in seed funding. ▫️ Raiinmaker, a web3 AI firm, secures $7.5M in seed funding. #CryptoNews #CryptoNews🔒📰🚫
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