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on cryptocurrency Breaking News: Worldcoin Takes Legal Action Against Spain’s Cryptocurrency Suspension

A German subsidiary involved in Sam Altman’s controvercial crypto blockchain digital identity business, Worldcoin, was reported Friday to have filed a legal challenge against a suspension order from Spain’s data protection authority. Here’s Worldcoin’s statement in full:Worldcoin is fully compliant with all laws and regulations governing biometric data collection and data transfer, including Europe’s General Data Protection Regulation (“GDPR”). Nor to confirm whether Worldcoin and its operators in Spain have complied with the local order to stop scanning and processing data of people from the market. If that happens, disputes over decisions are either resolved via majority votes or, if DPAs remain split, the European Data Protection Board gets a casting vote. The article also notes that “several” EU authorities are currently investigating whether Worldcoin complies with the GDPR.

Max Chen
March 8, 2024

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“Spain Implements Temporary Ban on Worldcoin Due to Privacy Worries”

Spain’s data protection authority has ordered Worldcoin to temporarily stop collecting and processing personal data from the market. Data protection authorities can also demand unlawful processing to stop, including temporarily if they are concerned people’s rights are at serious risk, as is happening here. An investigation was opened by France’s data protection authority last year. It also said then that it would be seeking to ascertain whether Worldcoin had carried out a data protection impact assessment. In another set-back last year, Kenya’s data protection authority issued a ban on Worldcoin’s local processing.