Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks

Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including potential money laundering through the sale of accounts. He emphasized that although Worldcoin does not perform a payment service under current laws, buying or selling accounts may constitute a violation. Investigations are ongoing, and the … Read more

Colombian Data Protection Authority Formulates Charges Against Worldcoin

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. The institution stated that the accusation focuses on determining whether Worldcoin violated Colombian law in its handling of the personal and private data … Read more

Ecuador’s Data Protection Agency Lacks Resources to Assess Worldcoin’s Compliance Status

The Superintendence of Data Protection, Ecuador’s data protection agency, stated that it lacks the resources needed to assess the compliance of Worldcoin, the biometric and universal basic income (UBI) project, with the country’s laws. The head of the institution, Fabrizio Peralta-Diaz, lamented this situation, stressing that it needed access to the necessary tools to examine … Read more

WorldCoin Unlocks 5.02 Million WLD Tokens Worth $11.70 Million Amid Market Movements

WorldCoin is set to unlock 5.02 million WLD tokens today, representing 0.05% of its total supply, valued at $11.70 million. According to on-chain reports, earlier today, market maker Amber Group deposited 600,000 WLD tokens, worth $1.42 million, into Binance. 两小时前 $WLD 做市商 Amber Group 向 Binance 充值 60 万枚 WLD,价值 142 万美金 05.04 以来 Worldcoin … Read more

Worldcoin Gets Hit With $200,000 Fine in Buenos Aires

Worldcoin, the biometric, iris-based ID and universal basic income (UBI) project, has been sanctioned with fines for over $200,000 in the Buenos Aires province. The fines answer to several violations of the National Consumer Defense Law, such as the inclusion of abusive clauses in its terms of service agreement. Also, authorities of Buenos Aires concluded … Read more