Spanish Regulator Directs Worldcoin to Cease Collection of Personal Data

Worldcoin

The Spanish data protection agency, AEPD, has directed Worldcoin to suspend the acquisition of personal data in the nation via scans and to desist from using any already collected data. The preventive move was revealed on Wednesday following several concerns about Worldcoin since last summer. Concerns include the sufficiency of information supplied by the project about data processing, the collection of data from minors, and the lack of a method for withdrawing consent. Worldcoin was given 72 hours to demonstrate compliance with the ruling.

Worldcoin Crackdown in Spain

Spain has taken steps to ban Worldcoin for three months, causing another setback for Sam Altman’s crypto project, which has sparked controversy in several nations. Since its launch, it has attracted attention for acquiring consumers’ personal information via an eyeball-scanning gadget known as an “orb.” As artificial intelligence progresses, the project intends to create a proof-of-personhood mechanism to distinguish humans from machines. However, regulators and privacy groups throughout the world have voiced serious concerns about the project’s lack of openness to data-gathering practices.

According to AEPD director Mar España Martí, Spain is the first European nation to take action against Worldcoin, spurred by concerns over the company’s data harvesting of minors. Commenting on the development, she said,

“What we have done is raise the alarm in Europe. But this is an issue that affects . . . citizens in all the countries of the European Union. That means there has to be coordinated action.”

The General Data Protection Regulation (GDPR) governs the processing of personal data of persons in the European Union, requiring companies that manage data such as names, contact information, biometrics, and other identifiers to have a legitimate legal basis for their operations. Violations of these standards may result in fines of up to 4% of annual global revenue.

Setbacks

The Worldcoin idea is also being scrutinized in Hong Kong. The Privacy Commissioner’s Office allegedly conducted investigations at six locations around the city, including Yau Ma Tei, Kwun Tong, Wan Chai, Cyberport, Central, and Causeway Bay, all of which are related to the project.

The probe is claimed to be focused on suspected violations of the Personal Data (Privacy) Ordinance, which have raised concerns about the organization’s management of sensitive personal data.

Elon Musk sued OpenAI, CEO Sam Altman, and President Greg Brockman for allegedly breaking the initial contract. Tesla’s CEO and the CEO of X (previously Twitter) alleged that the firm departed from its purpose of building ethical AI and had become too influenced by its principal backer, Microsoft Corp. In response, OpenAI said Musk’s actions were motivated by his failed attempts to merge the business with Tesla Inc.

Author: Simeon

Simeon is a seasoned crypto writer with a passion for exploring the fascinating world of blockchain and digital currencies. With a background in finance and technology, Simeon brings a unique perspective to his writing, delving into the complexities of decentralized finance, cryptocurrency trading, and emerging blockchain projects.

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