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What is happening with Worldcoin in the legal world? đ¤
Worldcoin (WLD), the project that combines digital identity and cryptocurrencies đđ°, is facing legal issues in various parts of the world. The reason: the use of biometric data, such as iris scans đď¸, has raised concerns about privacy and local laws.
What do the authorities say? đ¨
Spain: đŞđ¸ The Spanish Agency for Data Protection (AEPD) ordered Worldcoin to delete all collected iris data. According to them, the company does not comply with the GDPR (General Data Protection Regulation).
Germany: đŠđŞ The data protection authority in Bavaria also pointed out that Worldcoin's practices are against European Union regulations.
Other countries: đ France, the United Kingdom, Argentina, and Kenya have also requested explanations about how biometric data is handled.
And what does Worldcoin say? đĄď¸
Worldcoin claims that everything they do is legal and that they comply with the rules of each country where they operate. However, these legal issues are generating many doubts among users.
What does this mean for users? đ¤ˇââď¸
If you are already part of this project or are thinking of joining, it is key that you inform yourself well đ§ about how your personal data is being used. Although Worldcoin promises security đ, many authorities are still not convinced.
Questions for you: đŹ
1. Do you think projects like Worldcoin are worth it despite the legal issues? đ¤ˇââď¸
2. What do you think about the use of biometric data in cryptocurrencies? đď¸
3. Would you be concerned that your data is not protected in these types of initiatives? đ
Leave us your comments! We want to know what you think. đâ¨â¨
$BNB
$WLD
Worldcoin (WLD), the project that combines digital identity and cryptocurrencies đđ°, is facing legal issues in various parts of the world. The reason: the use of biometric data, such as iris scans đď¸, has raised concerns about privacy and local laws.
What do the authorities say? đ¨
Spain: đŞđ¸ The Spanish Agency for Data Protection (AEPD) ordered Worldcoin to delete all collected iris data. According to them, the company does not comply with the GDPR (General Data Protection Regulation).
Germany: đŠđŞ The data protection authority in Bavaria also pointed out that Worldcoin's practices are against European Union regulations.
Other countries: đ France, the United Kingdom, Argentina, and Kenya have also requested explanations about how biometric data is handled.
And what does Worldcoin say? đĄď¸
Worldcoin claims that everything they do is legal and that they comply with the rules of each country where they operate. However, these legal issues are generating many doubts among users.
What does this mean for users? đ¤ˇââď¸
If you are already part of this project or are thinking of joining, it is key that you inform yourself well đ§ about how your personal data is being used. Although Worldcoin promises security đ, many authorities are still not convinced.
Questions for you: đŹ
1. Do you think projects like Worldcoin are worth it despite the legal issues? đ¤ˇââď¸
2. What do you think about the use of biometric data in cryptocurrencies? đď¸
3. Would you be concerned that your data is not protected in these types of initiatives? đ
Leave us your comments! We want to know what you think. đâ¨â¨
$BNB
$WLD
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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