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Worldcoin's daily active addresses are currently at the lowest level since the beginning of the year.

The Colombian Industry and Commerce Superintendence (SIC), the personal data protection authority of the country, has formulated charges against Worldcoin, the biometric digital ID project, for violations of the personal data regime.

BeInCrypto comprehensive Latam Crypto Roundup brings Latin America's most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region's crypto scene.

Worldcoin (WLD) has been under significant bearish pressure, recently dipping to its lowest point in 11 months. The broader market sentiment remains pessimistic, leading to questions about whether the bulls can turn the tide for WLD.

The firm may face severe consequences if found to have violated the country's personal data protection laws.

Colombia's consumer protection agency, the Superintendence of Industry and Commerce (SIC), has initiated an investigation into Worldcoin, a biometric cryptocurrency project, and its parent company, Tools for Humanity.

Colombia's Superintendence of Industry and Commerce (SIC) has launched an investigation into Worldcoin and its parent company, Tools for Humanity. The SIC alleges that both firms have violated the nation's data protection regime.

Worldcoin, a cryptocurrency startup founded by OpenAI's Sam Altman, could face severe consequences in Colombia. The country's Superintendence of Industry and Commerce (SIC) has launched formal proceedings against the Worldcoin Foundation and its partner, Tools for Humanity. This action is due to alleged breaches of Colombia's personal data protection regulations.

After recently dipping to its 11-month low, can Worldcoin bulls step in to change the trend?

Crypto project Worldcoin is now facing scrutiny in Colombia for alleged breaches of the country's personal data protection laws, following similar accusations in several other nations.

Worldcoin launched in the Latin American country in June this year and currently operates its Orb devices in 25 locations locally.

Colombia's Superintendence of Industry and Commerce (SIC) has initiated formal proceedings against Worldcoin Foundation and Tools for Humanity over alleged violations of the country's personal data protection regulations. According to the Aug. 21 announcement, the regulatory body, acting under its mandate to safeguard personal data, issued the charges on Aug. 16.

Colombia's watchdog, the Superintendence of Industry and Commerce (SIC), has put Worldcoin in the hot seat. The decentralized identity project, backed by the company Tools for Humanity, is being accused of playing fast and loose with Colombia's data protection laws.

Worldcoin is currently collecting data of individuals with its Orb device in 25 locations of the Latin American country.

Sam Altman's crypto project Worldcoin (WLD) loses its appeal in the digital sector as it fails to satisfy global regulators. That has catalyzed robust bearishness for the altcoin, with prices plunging by over 40% within the past month. That saw most WLD holders enduring losses.

Worldcoin has been struggling over the past month with an increased number of holders at a loss, but new addresses seem to be growing.

The liq levels delta was highly negative, showing that Worldcoin is likely but not guaranteed to bounce higher to balance this out.

Sam Altman, the CEO of OpenAI, is facing a global backlash over his Worldcoin initiative, which aims to scan the irises of every person on the planet and compensate them with a unique cryptocurrency. The project has been met with resistance from numerous governments, leading to suspensions and investigations.

As Asia continues to emerge as a hub for crypto innovation, significant developments are taking place across the region. Worldcoin is establishing a strong foothold in Malaysia through strategic partnerships, while Singapore's DBS Bank is pioneering new solutions in financial management with its pilot launch of Treasury Tokens.

Worldcoin, the innovative cryptocurrency project led by Sam Altman, has forged a notable partnership with MIMOS Berhad. MIMOS, Malaysia's foremost applied research and development entity, has joined forces with Worldcoin to advance digital proof of humanity across the nation.

The goal of this MoU is to enhance current and future efforts pertaining to digital credentials. The MIMOS has inked a MoU with the crypto project's foundation, Tools for Humanity.

A look at the "promising" rise of spot bitcoin ETF inflows, illegal onchain crypto activity is decreasing, and much more

The Worldcoin startup, co-founded by Sam Altman, is determined to verify every human on Earth, one iris at a time. Co-founder Alex Blania joins Ed Ludlow and Caroline Hyde on "Bloomberg Technology.

Worldcoin Foundation and Tools for Humanity have signed a memorandum of understanding with the Malaysian government.