Worldcoin: Data Collection and Processing in Spain Halted Until Year-End
CryptoNewsTerminal Staff04 Jun, 2024
Worldcoin: Data Collection and Processing in Spain Halted Until Year-End
Worldcoin Suspends Operations in Spain Worldcoin, a blockchain-based project utilizing iris scanning for identity verification, has entered into an agreement with the Spanish Data Protection Agency (AEPD) to temporarily suspend its operations in Spain until the end of 2022. This decision follows concerns raised by Spanish authorities regarding the company's data collection and processing practices. In response, Worldcoin has taken steps to address these concerns, such as open-sourcing its data handling processes and implementing enhanced security measures. Despite these efforts, the company will cease operations in Spain until a full review of its practices has been completed. This suspension underscores the importance of responsible data handling in the digital age. Worldcoin's commitment to transparency and compliance is a positive step in the ongoing effort to protect user privacy and ensure ethical data practices. Only time will tell if these measures will be sufficient to regain the trust of Spanish authorities and resume operations in the country.
