Worldcoin (WLD), Sam Altman’s privacy-focused cryptocurrency project, is taking legal action against the Spanish government after being banned in the European country.
Earlier this week, the Spanish Agency for Data Collection (AEPD) ordered Worldcoin to stop collecting information after receiving numerous user complaints that its data collection process was infringing on users.
AEPD also said the protocol requires the destruction of all data already collected through artificial intelligence (AI)-based eye scanning peripherals.
However, in a recent blog post, WorldCoin stated that it would take legal action against Spain as it complies with all laws.
“Worldcoin operates legally and under the close supervision of the Bavarian Data Protection Authority (BayLDA) in all available locations. This body is the regulatory body that oversees compliance with the General Data Protection Regulation (GDPR) across the entire EU. European Union).
In accordance with EU regulations related to the implementation of the GDPR, Worldcoin contributors have been responding to BayLDA requests regularly for several months, operating legally in Spain and other countries in Europe. This involvement continues to this day…
This circumvention of approved EU processes and rules is why project contributor Tools for Humanity announced that a lawsuit has been filed challenging the AEPD’s order.”
Jannick Preiwisch, Data Protection Officer at the Worldcoin Foundation, said:
“The Spanish Data Protection Authority (AEPD) is currently circumventing procedures established under the GDPR, which is limited to Spain and not the wider EU.
“It is also unfortunate that after our efforts to provide an accurate view of Worldcoin and World ID went unanswered for months, they are now spreading inaccurate and misleading claims about our technology globally.”
Worldcoin is trading at $7.46 at the time of writing, up 5.6% in the last 24 hours.
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