Worldcoin Ordered to Stop Data Collection in Spain
The Spanish Agency for the Protection of Data (AEPD) issued a directive to Worldcoin on March 6, instructing them to halt data collection and processing activities in Spain for a temporary period of three months.
Worldcoin, a project initiated by Tools for Humanity, founded by Sam Altman, aims to establish a global network for identity and finance accessible to the majority of the world’s population.
Their vision includes a potential avenue toward universal basic income funded by artificial intelligence.
The AEPD order indicates ongoing investigations into complaints regarding inadequate user consent mechanisms and alleged data collection from minors.
It requires Worldcoin to cease gathering special categories of personal data and block any data already obtained.
READ MORE: Crypto Analyst Predicts Unprecedented Altcoin Rally
This development follows a recent investigation by Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD), which conducted searches at Worldcoin’s offices in response to privacy concerns.
Worldcoin’s controversial use of biometric scanning technology, known as orbs, has been a focal point of scrutiny. Users undergo iris scans at designated facilities, with their unique biometric data linked to their identities within Worldcoin’s system.
Upon verification, users receive payments in Worldcoin’s WLD token through the WorldApp application.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
