Close Menu
  • Home
  • News
  • Bitcoin
    • Bitcoin
    • Blockchain
    • Altcoin
  • Ethereum
  • Transaction
  • Tech
  • Interview
  • Exchange
  • All Posts
What's Hot

MacroHard Coin Hits CoinMarketCap: Meme-Driven Token Goes Official

Aug. 26, 2025

A16Z Invests $55M in LayerZero, Causing a 10% Increase in Native Token ZRO

Apr. 18, 2025

Arizona’s Cryptocurrency Reserve Bill Approaches Final Approval Following House Passage

Apr. 18, 2025
Facebook X (Twitter) Instagram
Gold Web Nexus
  • Home
  • News
  • Bitcoin
    • Bitcoin
    • Blockchain
    • Altcoin
  • Ethereum
  • Transaction
  • Tech
  • Interview
  • Exchange
  • All Posts
Facebook X (Twitter) Instagram
Gold Web Nexus
Home » Worldcoin Continues Legal Operations Globally, Despite Ban in Spain
Tech

Worldcoin Continues Legal Operations Globally, Despite Ban in Spain

By adminMar. 19, 2024No Comments3 Mins Read
Facebook Twitter Pinterest Reddit LinkedIn Tumblr Email
Worldcoin Continues Legal Operations Globally, Despite Ban in Spain
Worldcoin Continues Legal Operations Globally, Despite Ban in Spain
Share
Facebook Twitter Pinterest Reddit Email

Worldcoin, the global digital identity and cryptocurrency project, has released new statements addressing its operations and compliance efforts in response to the legal uncertainty in Spain. The project, founded by OpenAI CEO Sam Altman, asserts that it operates lawfully in all locations where it is available and is fully compliant with relevant laws and regulations.

In a blog post titled “Essential facts about Worldcoin,” the project emphasizes its commitment to compliance and data protection. It highlights its adherence to major global data protection frameworks, including Europe’s General Data Protection Regulation (GDPR) and Argentina’s Personal Data Protection Act. Worldcoin also reiterates its policy of not allowing minors to join the platform and employs “mystery shoppers” to prevent minors from participating in the verification process.

The Worldcoin Foundation and its contributor, Tools for Humanity, affirm that they have never sold, do not sell, and will never sell any personal data, including biometric data. The project emphasizes the self-custodial nature of World ID and World App, ensuring that only the owner possesses personal data. The Orb hardware, used for verification, is equipped with advanced security features to safeguard data from unauthorized access.

World ID verification relies on iris biometrics, with iris images processed locally on the Orb device and promptly deleted afterward to ensure privacy and security.

The Worldcoin project was officially launched on July 24, 2023, after three years of development. It aims to create a digital ID system based on proof of personhood to differentiate humans from AI as AI technology advances.

However, Worldcoin has faced regulatory scrutiny in Spain, with the Spanish Data Protection Agency (AEPD) issuing a temporary order prohibiting data collection in the country for three months. The AEPD intends to investigate complaints regarding consent withdrawal and data collection from minors. Worldcoin’s injunction against the data regulator was rejected by a local court.

Worldcoin has also faced regulatory challenges in other countries, such as Kenya, where all local activities associated with the platform, including biometric identification, were suspended. However, Worldcoin plans to collaborate with the Kenyan government to resume operations in 2024.

The controversy surrounding Worldcoin arises from its use of biometric scanning devices called “orbs.” Users sign up for the service through an app and have their eyes scanned at a facility with an orb. Verified user identities are tied to their unique biometric data, and they are paid using Worldcoin’s WLD token.

Despite these challenges, Worldcoin maintains its commitment to legal operations worldwide and compliance with data protection regulations.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Reddit Email
Previous ArticleEuropean Commission interrogates Big Tech on the perils of AI to electoral processes: Deepfakes and misinformation in the spotlight
Next Article Mac Users’ Crypto Private Keys at Risk Due to Security Vulnerability in Apple’s M-Series Chips

Related Posts

Boston Consulting Group Declares RWA Tokenization as the Asset Management Industrys Third Revolution

Oct. 30, 2024

BlackRocks IBIT Dominates as Bitcoin Spot ETFs Witness Unprecedented 870M Inflow

Oct. 30, 2024

Visa Empowers Qualified Debit Card Holders with Immediate Funding for Coinbase Accounts

Oct. 30, 2024

DeFi Exchange dYdX Joins Consensys in Massive Layoff Initiative Slashes Workforce by 35

Oct. 30, 2024

OKX Partners with Standard Chartered to Offer ThirdParty Crypto Custody Services for Institutional Investors

Oct. 30, 2024

Whales Flock to Doge2014 for Generous Bonuses Rewards and Airdrop ahead of Major Burn

Oct. 30, 2024
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

MacroHard Coin Hits CoinMarketCap: Meme-Driven Token Goes Official

Aug. 26, 2025

A16Z Invests $55M in LayerZero, Causing a 10% Increase in Native Token ZRO

Apr. 18, 2025

Arizona’s Cryptocurrency Reserve Bill Approaches Final Approval Following House Passage

Apr. 18, 2025

US SEC Announces Panelists for Upcoming Crypto Custody Roundtable Next Week

Apr. 17, 2025
Website Introduction
Website Introduction

Gold Web Nexus is your premier source for insights into the realm of Web3 and blockchain cryptocurrencies. We are dedicated to delivering the latest industry updates, exclusive reports, and expert analyses to help you stay abreast of the rapidly evolving digital economy.

Our Picks

MacroHard Coin Hits CoinMarketCap: Meme-Driven Token Goes Official

Aug. 26, 2025

A16Z Invests $55M in LayerZero, Causing a 10% Increase in Native Token ZRO

Apr. 18, 2025

Arizona’s Cryptocurrency Reserve Bill Approaches Final Approval Following House Passage

Apr. 18, 2025
Random Article

Russian Companies in the Commodities Sector Embrace Stablecoins for Transactions with Chinese Partners

May. 28, 2024

Japan’s Ruling Party Continues to Advocate for Cryptocurrency Tax Reform Despite Prime Minister’s Caution

Dec. 19, 2024

28000 Users Infected by Malware Resulting in Mere 6000 Cryptocurrency Gain

Oct. 10, 2024
Facebook X (Twitter) Instagram Pinterest
  • Blockchain
  • Ethereum
  • Tech
  • Altcoin
  • Bitcoin
  • Exchange
  • Exclusive Interview
  • News
  • Transaction
© 2025 Gold Web Nexus All rights reserved.

Type above and press Enter to search. Press Esc to cancel.