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The National Data Protection Commission (CNPD) in Portugal has issued a statement announcing the temporary restriction on Worldcoin's collection of biometric data through its Orb devices within the country.
Understanding the Legal Roadblock: Portugal's data regulator, the Comissao Nacional de Proteccao de Dados (CNPD), has raised concerns regarding Worldcoin's iris-scanning biometric data collection initiative within the country. The CNPD has imposed a temporary suspension on Worldcoin's data collection activities for a period of 90 days.
Portugals data regulator orders Worldcoin to halt biometric data collection, citing privacy risks. Worldcoin faces scrutiny over data practices.
The move means that Sam Altman's controversial biometrics venture has been almost entirely kicked out of Europe.
Portugal's data protection authority ordered the Worldcoin Foundation to stop collecting biometric data through the "Orb" device.
The world's largest crypto exchange Binance on Friday said it is listing new borrowable and collateral assets on cross margin and new trading pairs on cross and isolated margin. Binance is adding new FDUSD, USDT, and USDC pairs for some top cryptocurrencies including Dogecoin (DOGE), Shiba Inu (SHIB), Chainlink (LINK), Pepe Coin (PEPE), Sui, Worldcoin (WLD),
Portugal's National Data Protection Commission (CNPD) said on March 26 that it will ban Worldcoin from collecting biometric data for three months. The CNPD said that the limitations apply for 90 days until an investigation is concluded and a final decision is reached.
In a recent development, Portugal's data regulator, the National Commission for the Protection of Data, also known as the CNPD, has issued an order to stop Sam Altman's iris scanning project, Worldcoin, from collecting biometric data for 90 days. Worldcoin's Compliance Under Fire According to a Reuters report, the CNPD's suspension specifically targets the Worldcoin Foundation, a memberless entity based in the Cayman Islands, described on its website as the sole member and director of World Assets Ltd, a company registered in the British Virgin Islands responsible for issuing Worldcoin tokens to sign-up participants.
Portugal's data protection authority, CNPD, has issued a directive to halt Worldcoin's biometric data collection for a 90-day period. This decision targets the project's use of “orb” devices to scan individuals' faces in exchange for a digital ID and cryptocurrency, citing concerns over data protection rights.
With prominent venture capital firms backing Worldcoin, the project undoubtedly holds significant financial clout. However, the road to a universally adopted iris-scanning identity system appears to be riddled with regulatory roadblocks and privacy concerns.
Worldcoin faces regulatory scrutiny as the Portugal data regulator CNPD has instructed a 90-day pause on personal data collection.
The response of the Portuguese community and authorities regarding Worldcoin's move
Portugal has reportedly put the brakes on Worldcoin's biometric data collection efforts. As Reuters reported Tuesday (March 26), the country's data regulator has ordered Worldcoin to halt its data collection for 90 days.
Portugal's CNPD orders a 90-day halt to Worldcoin's biometric data collection, citing risks to citizens' privacy rights.
The regulator ordered that Worldcoin cease collecting data from users in the country for 90 days citing a high risk to citizens' data protection rights.
A project closely tied to OpenAI CEO Sam Altman faces another temporary ban in Europe as Worldcoin attempts to grow signup numbers.
In what comes as a noteworthy setback for Sam Altman's AI-meets-crypto project, Worldcoin, Portugal regulators recently took a stand against the cryptocurrency project, scrutinizing its data collection endeavors nationwide. This roadblock encountered by one of the most renowned AI-based crypto projects promptly nabbed global attention, aligning with the worldwide scrutiny recently witnessed surrounding this newly
Portuguese data protection watchdog CNPD has ordered Worldcoin (WLD) to halt biometric data collection for 90 days. That follows massive complaints from citizens within the past month. The regulator has yet to confirm the reason behind the suspension, but it seems to involve legal developments.
Portugal's data regulator has ordered Sam Altman's iris-scanning project Worldcoin to stop collecting biometric data in Portugal for 90 days, the regulator said in a statement on Tuesday.
Why choose privacy coins and financial anonymity? This guide cuts through the jargon to showcase how these digital assets empower you with transaction secrecy and untraceable fund movement.
The Need for Enhanced Privacy and Security: In recent years, the internet has become an integral part of everyday life, facilitating various online activities from communication to financial transactions. However, this widespread connectivity has also exposed individuals to risks such as identity theft, data manipulation, and unauthorized access to personal information.
Worldcoin Foundation has released the core components of Orb software on GitHub, under the MIT/Apache 2.0 dual license.
Worldcoin, a pioneering altcoin, is taking a bold step forward with the introduction of a groundbreaking data custody feature. This innovative initiative promises to revolutionize the way users manage their data, offering unprecedented levels of control and security.
Worldcoin has launched a privacy feature that would give its users control over their data.
