Worldcoin will continue to be suspended in Spain until the end of 2024 – DiarioBitcoin


By Angel Di Matteo @shadowargel

The project will take a series of actions to meet certain requirements, including completing a compliance audit of the General Data Protection Regulation. With this, worldcoin will seek to solve the problems it has had with the local regulator.

***

  • worldcoin will temporarily suspend operations in Spain
  • They could resume operations at the end of the year
  • The project ran into problems with Spanish regulators in March of this year
  • Finally they reached agreements, and worldcoin agreed to meet certain requirements

worldcointhe cryptocurrency project focused on identity verification developed by Tools of Humanitywill not be able to resume operations in Spain until the end of 2024, as it must comply with a series of requirements to guarantee certain regulatory provisions, including a compliance audit of the General Data Protection Regulation (GDPR).

Operations suspended until further notice

This was reported by the team worldcoin in a statement published through their official site, where they indicate that due to the inconveniences they have had in the country, they voluntarily decided to temporarily suspend their operations in Spanish territory. They indicated that they are in talks with the BayLDA, the main supervisory authority on data protection in Europe, precisely to resolve all the necessary aspects to return to operating normally.

In this regard, the person responsible for the data protection area for the Worldcoin Foundation, Jannick Preiwisch, noted that they have been working for several months with BayLDA, Therefore, they do not understand the impediments on the part of the Spanish authorities regarding the project, rejecting the “inaccurate and misleading” statements made by the Spanish Data Protection Authority (AEPD):

“It is unfortunate that the AEPD is circumventing the procedures established by the GDPR with its actions… which are limited to Spain and do not affect the rest of the European Union”Preiwisch alleged, noting that they are striving to “provide an accurate view of Worldcoin and World ID”to which they received no response:

“We are grateful to now have the opportunity to help the AEPD better understand the important facts related to this essential and legal technology,” Indian.

The problems in Spain

Originally, the AEPD of Spain blocked operations worldcoin at the beginning of last March, this was so that the project would not collect more data from the inhabitants of the European nation due to concerns about possible violations of data protection regulations.

The authorities expressed special concern about the collection of data from minors and said that they had given the project a period of 72 hours to paralyze all activity.

Spain’s data protection regulator detailed that it made the decision at the beginning of the week based on article 66 of the European Data Protection Regulation (GDPR). This is the first time that the emergency measure has been applied against a project in the country.

Given what happened, Tools for Humanity based in Germany, reported at the time that it took legal action against the order of the AEPD to block operations worldcoin at the local level, which led to discussions with the regulator to reach the aforementioned agreement.

Problems in other latitudes

Despite worldcoin Currently in the process of expansion in various areas, the project has not been free of controversy.

On the challenges side, the project currently faces operational problems in a significant number of countries, among which Argentina, South Korea stand out.France, Germany and Hong Kong, where authorities are carrying out investigations, while its operations have already been suspended in Kenya, Brazil, India, Portugal, Spain and other latitudes.

Recently worldcoin It formally began operations in Colombia, with the idea of ​​adding new users in the country for its identity verification project.


Article by Angel Di Matteo / DailyBitcoin

Picture of DailyBitcoin

WARNING: This is an informative article. DiarioBitcoin is a media outlet, it does not promote, endorse or recommend any particular investment. It is worth noting that investments in cryptoassets are not regulated in some countries. They may not be suitable for retail investors as the entire amount invested could be lost. Check the laws of your country before investing.



Similar Posts