Argentina’s Data Privacy Agency Investigating Controversial Crypto Project Worldcoin (WLD)

0 5

knife

Argentina’s data privacy government agency is following in France and the United Kingdom’s footsteps by investigating the eye-scanning crypto project Worldcoin (WLD).

The Agency of Access to Public Information (AAIP) says in a new press release it’s looking into how the Worldcoin Foundation collects, stores and uses personal data in Argentina.

The agency’s new investigation comes on the heels of France’s privacy watchdog, the CNIL, announcing late last month that it planned to probe the hot-button project over the legality of its biometric data collection.

The UK’s data regulator, the Information Commissioner’s Office (ICO), also said in a statement in late July that it would be “making inquiries” into the launch of Worldcoin in the UK.

The project, which was co-founded by OpenAI’s Sam Altman, utilizes iris scanners to verify users’ identities.

According to the project’s website, Worldcoin consists of a “privacy-preserving” World ID and a digital WLD token that is received by users “simply for being human.” The project plans on deploying 1,500 of its iris-scanning orbs to 35 cities worldwide this summer and fall to meet the “global demand for ID.”

The WLD token was first launched last month. The 156th-ranked crypto asset by market cap is trading at $1.69 at time of writing and is down 7% in the past 24 hours.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox



Check Price Action



Follow us on Twitter, Facebook and Telegram



Surf The Daily Hodl Mix


Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Argentina’s Data Privacy Agency Investigating Controversial Crypto Project Worldcoin (WLD) appeared first on The Daily Hodl.

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 64,459.27
ethereum
Ethereum (ETH) $ 3,458.62
tether
Tether (USDT) $ 0.999043
bnb
BNB (BNB) $ 571.78
solana
Solana (SOL) $ 159.54
staked-ether
Lido Staked Ether (STETH) $ 3,467.10
usd-coin
USDC (USDC) $ 0.998411
xrp
XRP (XRP) $ 0.579769
the-open-network
Toncoin (TON) $ 7.35
dogecoin
Dogecoin (DOGE) $ 0.124645
cardano
Cardano (ADA) $ 0.443402
tron
TRON (TRX) $ 0.133995
shiba-inu
Shiba Inu (SHIB) $ 0.000019
avalanche-2
Avalanche (AVAX) $ 28.23
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 64,632.32
polkadot
Polkadot (DOT) $ 6.40
chainlink
Chainlink (LINK) $ 14.37
bitcoin-cash
Bitcoin Cash (BCH) $ 387.06
near
NEAR Protocol (NEAR) $ 6.17
uniswap
Uniswap (UNI) $ 8.16
litecoin
Litecoin (LTC) $ 73.07
leo-token
LEO Token (LEO) $ 5.83
dai
Dai (DAI) $ 0.998188
pepe
Pepe (PEPE) $ 0.000012
wrapped-eeth
Wrapped eETH (WEETH) $ 3,612.13
matic-network
Polygon (MATIC) $ 0.542431
internet-computer
Internet Computer (ICP) $ 9.53
kaspa
Kaspa (KAS) $ 0.179378
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.46
ethereum-classic
Ethereum Classic (ETC) $ 23.63
ethena-usde
Ethena USDe (USDE) $ 0.99749
aptos
Aptos (APT) $ 7.01
stellar
Stellar (XLM) $ 0.107361
monero
Monero (XMR) $ 160.76
blockstack
Stacks (STX) $ 1.89
hedera-hashgraph
Hedera (HBAR) $ 0.077385
maker
Maker (MKR) $ 2,908.98
render-token
Render (RNDR) $ 6.54
vechain
VeChain (VET) $ 0.031754
okb
OKB (OKB) $ 42.42
cosmos
Cosmos Hub (ATOM) $ 6.51
filecoin
Filecoin (FIL) $ 4.44
mantle
Mantle (MNT) $ 0.772838
crypto-com-chain
Cronos (CRO) $ 0.09423
arbitrum
Arbitrum (ARB) $ 0.759521
injective-protocol
Injective (INJ) $ 23.72
immutable-x
Immutable (IMX) $ 1.50
dogwifcoin
dogwifhat (WIF) $ 2.23
sui
Sui (SUI) $ 0.859148
bittensor
Bittensor (TAO) $ 295.42
the-graph
The Graph (GRT) $ 0.21419
optimism
Optimism (OP) $ 1.81
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 3,508.63
first-digital-usd
First Digital USD (FDUSD) $ 0.99415
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,873.07
bonk
Bonk (BONK) $ 0.000028
arweave
Arweave (AR) $ 28.76
floki
FLOKI (FLOKI) $ 0.000186
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,602.22
notcoin
Notcoin (NOT) $ 0.0162
lido-dao
Lido DAO (LDO) $ 1.80
ondo-finance
Ondo (ONDO) $ 1.10
aave
Aave (AAVE) $ 102.85
theta-token
Theta Network (THETA) $ 1.53
bitget-token
Bitget Token (BGB) $ 1.08
jasmycoin
JasmyCoin (JASMY) $ 0.030288
fantom
Fantom (FTM) $ 0.520897
based-brett
Brett (BRETT) $ 0.141351
thorchain
THORChain (RUNE) $ 4.08
whitebit
WhiteBIT Coin (WBT) $ 9.65
algorand
Algorand (ALGO) $ 0.159502
celestia
Celestia (TIA) $ 6.57
coredaoorg
Core (CORE) $ 1.40
pyth-network
Pyth Network (PYTH) $ 0.343317
jupiter-exchange-solana
Jupiter (JUP) $ 0.887896
ether-fi-staked-eth
ether.fi Staked ETH (EETH) $ 3,473.26
quant-network
Quant (QNT) $ 79.70
sei-network
Sei (SEI) $ 0.357227
mantra-dao
MANTRA (OM) $ 1.35
gatechain-token
Gate (GT) $ 7.71
elrond-erd-2
MultiversX (EGLD) $ 36.74
flow
Flow (FLOW) $ 0.620575
flare-networks
Flare (FLR) $ 0.020901
kucoin-shares
KuCoin (KCS) $ 9.70
eos
EOS (EOS) $ 0.598824
gala
GALA (GALA) $ 0.024415
beam-2
Beam (BEAM) $ 0.017763
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 3,532.46
axie-infinity
Axie Infinity (AXS) $ 5.97
bittorrent
BitTorrent (BTT) $ 0.00000091124415
bitcoin-sv
Bitcoin SV (BSV) $ 44.69
ethereum-name-service
Ethereum Name Service (ENS) $ 27.33
tokenize-xchange
Tokenize Xchange (TKX) $ 10.76
akash-network
Akash Network (AKT) $ 3.55
msol
Marinade Staked SOL (MSOL) $ 192.00
dydx-chain
dYdX (DYDX) $ 1.41
popcat
Popcat (POPCAT) $ 0.856803
tezos
Tezos (XTZ) $ 0.823832
neo
NEO (NEO) $ 11.41
starknet
Starknet (STRK) $ 0.613746