The German regulator BayLDA completed an investigation into the Worldcoin project and ordered the company to delete biometric data collected in violation of GDPR, as well as to implement a secure deletion procedure. In addition, Worldcoin must ensure explicit user consent for data processing. In response, the company filed an appeal, seeking clarity on the definition of data anonymization in the EU. Previously, Worldcoin removed outdated data and temporarily suspended operations in some countries to enhance user rights protection and comply with European privacy standards.
12/21/2024 1:27:09 PM (GMT+1)
The German regulator demanded that Worldcoin delete biometric data that does not comply with GDPR and implement new procedures to enhance user data protection 🌍
489
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
Russia excluded Bitcoin from national reserves, strengthening its positions in gold and the Chinese yuan as part of a financial strategy to ensure stability and liquidity
The IMF demands that El Salvador stop purchasing Bitcoin by the government sector as part of a $1.4 billion agreement to reduce financial risks and regulate cryptocurrency
Coinbase resumes operations in India after obtaining approvals from the Financial Intelligence Unit (FIU), with plans to launch retail services and expand its crypto platform in 2025
Governor of Nebraska signed the LB609 law to protect cryptocurrency ATM users, prevent fraud, and enhance control over the crypto industry
Nigeria receives $60 million from confiscated US assets after Tigran Gambaryan’s release, strengthening cooperation in the fight against corruption and financial crimes
El Salvador and Paraguay have signed a cooperation agreement on cryptocurrency regulation to combat illegal operations and improve control over money laundering
1inch recovers $5 million stolen after an attack on the old version of the Fusion v1 smart contract, the hacker returned the funds by agreement with the platform
