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.

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.

Author

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.