Worldcoin suspends Spanish operations amid data protection investigation

adminJune 7, 2024

Worldcoin has agreed to suspend its activities in Spain until the end of the year or until German data authorities resolve their ongoing investigation into data protection issues.

WorldCoin suspends activities in Spain following instructions from data protection authorities

The Spanish Data Protection Authority (AEPD) announced on June 4 that Tools for Humanity Corporation, the company behind the Worldcoin identity and financial network, has committed to cease its data collection and processing activities in Spain by or until the end of 2024. I did. Ongoing investigation. This decision comes after Spanish authorities issued an order in March 2024 to stop the collection and processing of personal data in Spain under the Worldcoin project framework.

Currently, the German Bavarian data protection authority Bayerische Landesamt für Datenschutzaufsicht (BayLDA) is conducting an investigation into Worldcoin’s processing of personal user data. According to the release, BayLDA is actively conducting an investigation and is expected to make a final decision “soon” in cooperation with supervisory authorities across Europe, including in Spain.

Enhanced security measures implemented by Worldcoin

While these investigations are ongoing, Worldcoin has strengthened its security measures. The company has open-sourced its biometric data system and confirmed that users can now securely delete old iris codes. We’ve also added tighter controls to the options for verifying a user’s age and removing iris codes.

Worldcoin’s data protection issues are not limited to Spain and Germany. On May 22, Hong Kong authorities ordered the project to be suspended following a ruling that it was unfair to store sensitive biometric information such as faces and iris images for up to 10 years to train artificial intelligence (AI) models.

Despite regulatory scrutiny, Worldcoin continues to gain traction. In April 2024, the project reached the milestone of 10 million users and 70 million transactions. The project also gained attention when a man in Africa used cryptocurrency to purchase about 13 goats.

Additionally, last April, World Coin announced the launch of World Chain, a “human-centric” blockchain network. This new network aims to prioritize human users, improve efficiency, and promote the real-world utility of Web3 applications. The project also revealed plans to increase the supply of its token, WLD, by up to 19% over the next six months.

The ongoing investigation by European data protection authorities, particularly those in Spain and Germany, reflects widespread concerns about Worldcoin’s practices. The resolution of these investigations is important in determining Worldcoin’s future operations in the region.

Worldcoin’s operations in Europe have come under intense scrutiny by data protection authorities, leading to a temporary suspension of its activities in Spain. The German data protection authority Bayerische Landesamt für Datenschutzaufsicht (BayLDA) is actively investigating Worldcoin’s processing of personal user data, with the goal of finding a solution consistent with other European supervisory authorities. This joint effort highlights the European Union’s stringent data protection standards and reflects widespread concerns regarding the retention and processing of Worldcoin’s sensitive biometric data. Despite these challenges, Worldcoin continues to adapt by strengthening its security measures and maintaining its growth trajectory in the region.

Worldcoin’s Spanish ban extends until the end of 2024 or until GDPR audit is completed https://t.co/cr8aPwsTtc
— The Block (@TheBlock__) June 5, 2024

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