CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

French Privacy Regulator Investigates Worldcoin

July 30, 2023
in Crypto News
Reading Time: 3 mins read
A A
0
French Privacy Regulator Investigates Worldcoin
0
SHARES
8
VIEWS
ShareShareShareShareShare

RELATED POSTS

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

In the wake of Worldcoin’s recent launch, the project’s biometric data collection process has come under the scrutiny of France’s privacy watchdog, CNIL.

The innovative crypto project, led by ChatGPT-founder Sam Altman, requires users to provide iris scans in exchange for a unique digital ID and, in certain countries, free cryptocurrency. According to a breaking report from Reuters, CNIL has expressed concerns over the legality of this process, particularly the conditions for storing biometric data. The crypto firm had also been recently under the eye of UK’s data watchdogs, a few weeks after it disclosed collaboration with Auth0 in Berlin.

Worldcoin’s Approach to User Identity: A Double-Edged Sword?

Worldcoin, which boasts 2.1 million users predominantly from a two-year trial period, operates a global network of ‘orbs,’ shiny spherical devices capable of scanning users’ irises. Despite this novel approach to establishing user identity, or “proof of personhood,” the project’s method has been perceived as questionable, leading to an investigation by Britain’s data regulator this week.

CNIL, in response to a Reuters query on Worldcoin, stated that

“The legality of this collection seems questionable, as do the conditions for storing biometric data.”

Further, CNIL’s investigations indicated that jurisdiction over the project lies with the Bavarian state authority in Germany, now conducting the investigation with CNIL’s support.

Worldcoin Foundation’s Stance on Privacy Concerns

In response to these legal concerns, the Worldcoin Foundation, a Cayman Islands-based entity and self-proclaimed “steward of the Worldcoin protocol,” maintains that its project is designed to protect individual privacy. The foundation also claims to have built a robust privacy program and is committed to meeting regulatory requirements.

“The Worldcoin Foundation complies with all laws and regulations governing the processing of personal data in the markets where Worldcoin is available,” the foundation said in an email.

Notably, the regulator sspecified that the project is supervised in the European Union by the Bavarian State Office for Data Protection Supervision and will continue to cooperate with governing bodies on requests for more information about its privacy and data protection practices.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Credit: Source link

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Chainlink Recoups Losses, Tcrv Carries On with Bullish Trend in July

Next Post

Apple’s App Store Policies Probed: U.S. Lawmakers Investigate Impact on Blockchain and NFTs

Related Posts

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
Crypto News

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026
Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)
Crypto News

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

April 8, 2026
Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link
Crypto News

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

April 8, 2026
Next Post
Apple’s App Store Policies Probed: U.S. Lawmakers Investigate Impact on Blockchain and NFTs

Apple's App Store Policies Probed: U.S. Lawmakers Investigate Impact on Blockchain and NFTs

Don’t Ignore this New Memecoin Surging Past DOGE and SHIB with 100x Potential

Don't Ignore this New Memecoin Surging Past DOGE and SHIB with 100x Potential

Recommended Stories

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

April 8, 2026
SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News

SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News

April 11, 2026
Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026

Popular Stories

  • SEC Chair Atkins just confirmed shock $68T timeline for tokenized markets that leaves legacy infrastructure dangerously exposed

    SEC Chair Atkins just confirmed shock $68T timeline for tokenized markets that leaves legacy infrastructure dangerously exposed

    0 shares
    Share 0 Tweet 0
  • Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • Crypto Exchanges Support Luna Once Again

    0 shares
    Share 0 Tweet 0
  • Trump Eyes Bitcoin to Tackle $35T National Debt – Check These 3 Altcoins to Make Big Profits and Pay Off Own Debts up The End-Year

    0 shares
    Share 0 Tweet 0
  • Here Are the Top Five Altcoin Projects in Highly Undervalued World of Virtual Real Estate, According to Coin Bureau

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
  • SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News
  • Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.