Worldcoin says it is legal in all the countries it operates in, despite the Spanish ban.
Global digital identity and cryptocurrency project WorldCoin has released new statements on its activities and compliance amid growing legal uncertainty in Spain.
WorldCoin took to its blog to publish “Important Facts About WorldCoin” on March 18, providing basic information about its operations, rules and regulations.
In a blog post, Worldcoin emphasized that it “operates legally wherever it is located” and is designed to fully comply with all laws and regulations governing data collection and data transfer.
WorldCoin cited a more detailed post about the regulatory regime from January, noting that the project complies with major international data protection frameworks such as Europe's General Data Protection Regulation and Argentina's Personal Data Protection Act.
Worldcoin does not allow minors to join the platform, the new post, each user must verify in the World application that they are over 18 years old before verifying on Orb.
The WorldCoin Foundation emphasized that it and its contributing tools for humanity “never sell, do not sell, and will never sell any personal information, including biometric information.”
WorldCoin emphasizes that WorldID and WorldApp are “completely private,” meaning that no one but the owner stores information such as name, email address, phone number, and other personal information.
“The Orbu hardware is equipped with unique and highly advanced security features designed to ensure that the data is secure and cannot be accessed by any unauthorized person,” the blog post said.
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The Worldcoin blog post comes at a time of uncertainty about the platform's activity in Spain. In early March, Spain's data protection agency ordered WorldCoin to stop collecting and processing data in the country and issued a temporary ban on its operations.
The company was unable to defend its operations in Spain as the local court rejected the injunction against the data controller.
Founded by OpenAI CEO Sam Altman, WorldCoin is an open source protocol that aims to enable digital identity and ownership for every person on Earth.
In the year Worldcoin, which officially launched in July 2023, has faced pressure from global regulators amid concerns over data privacy and security.
In the year In August 2023, WorldCoin was banned in Kenya, with the government halting all local activities related to the platform, including biometric identification. A few months later, Worldcoin said it was working with the Kenyan government to launch operations in 2024.
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