The Worldcoin project, developed by OpenAI CEO Sam Altman, has been banned in Spain due to an extensive investigation.
Worldcoin (WLD) is under investigation from another country due to its controversial data collection project. Spain’s data-driven regulator, founded by Sam Altman WLD project in the country within the scope of the investigation against Banned for 3 months.
The company behind Worldcoin, according to the statement made by the Spanish regulator ‘Tools for Humanity’He ordered an injunction against him. Regulatory institution, About Worldcoin He said they received many complaints.
According to the statement, the institution also provides information regarding the project, the collection of personal data. to stop operations and what has already been collected stop using the information he ordered.
Worldcoin responded to the temporary ban decision from Spain. Project, European Union (EU) He stated that they have been communicating with the Bavarian data protection authority for more than a year in order to ensure compliance with the general data protection regulation.
South Korea’s privacy authority stated last week that it had launched an investigation against Worldcoin due to privacy concerns regarding users’ personal information.
According to CoinGecko data, Spain’s decision regarding WLD did not affect the price. WLD, in the last 24 hour period up 6.9% At the time of writing, it is available for $7.25.