World Coin (WLD), an artificial intelligence (AI)-based digital asset, claims that nearly 9 out of 10 Spanish users who banned it earlier this year support the return of the altcoin.
Worldcoin in a new blog post – A privacy-focused project that scans the eyes, founded by OpenAI CEO Sam Altman. – A study of 21,000 Spanish speakers found that about 90% supported a return.
“A new customer survey of more than 21,000 people in Spain, which provides feedback to Worldcoin users for the first time, shows how important digital evidence of humanity has become in the country and the extent to which people recognize the value that Worldcoin offers. It shows. World ID…
Importantly, 81% of respondents said they felt safe using Worldcoin (15% were unsure). The survey results also show that Spanish respondents strongly support the return of Worldcoin operations to the country (87% support, 9% don’t know).”
Worldcoin works by having users scan their eyes using a special spherical peripheral. Last March, Spanish regulators ordered Worldcoin to stop data collection after receiving numerous complaints from customers that the data collection process was invasive.
However, at the time, World Coin stated that it would take legal action against Spain as it complies with all Spanish laws.
In a blog post, Worldcoin said it had agreed to cease operations in Spain by the end of 2024 when the consultation process is concluded.
“Tools for Humanity (TFH) has voluntarily proposed an extension of the suspension of Worldcoin district operations in Spain. This will allow Bavaria’s BayLDA, the lead authority responsible for overseeing Worldcoin’s General Data Protection Regulation (GDPR) compliance, time to complete the audit. – This is a process that TFH has been involved in for over a year.”
WLD is trading at $4.93 at the time of this writing, up slightly over the last 24 hours.
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