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

Worldcoin Gains 90% Support in Spain, WLD Price Soars 3%

June 6, 2024
in Crypto News
Reading Time: 3 mins read
A A
0
Price Soars 183% in Just 7 Days
0
SHARES
6
VIEWS
ShareShareShareShareShare
  • A recent survey by Worldcoin claims that 90% of its users in Spain want it to resume services after the country’s data regulator banned it and forced it to shut down.
  • The project announced this week that its services will be suspended in Spain for the rest of the year, joining countries like Hong Kong, Kenya, and Portugal, which have all banned its iris-scanning technology.

Worldcoin has been in the spotlight globally for its squabbles with regulatory authorities, some of whom have ordered it to shut down its services. However, a recent survey among its users in Spain reveals that it still holds massive support in the country.

In March, the Spanish Data Protection Agency (AEPD) ordered the project to cease all operations in the country. AEPD said it was concerned about Worldcoin’s data-gathering techniques and demanded that the project stop using its already collected data. The regulator alleged that several Spaniards had filed complaints about the project, including allegations that it was illegally collecting data from minors and not allowing users to withdraw their consent.

As Crypto News Flash reported, Worldcoin has voluntarily extended this suspension for the rest of the year. In its announcement, Tools for Humanity, the entity developing the protocol, said that it could resume services sooner if the German regulator investigating its compliance with European data laws completes the audit sooner.

Worldcoin Claims Support from 90% of Spanish Users

While the AEPD has booted Worlcoin out of Spain, the project says it still retains the love of the people. In a study involving over 21,000 of its users in the country, it claimed that close to 90% want it to resume its services and that four in five “agreed that technology like Worldcoin and World ID is important for distinguishing between humans and bots online.”

Thomas Scott, the chief legal officer for TFH said that “it is encouraging that, in a recent survey of World ID users in Spain, more than 80% of the 21,000 respondents said they believe technologies like World ID are important to distinguish between bots and humans online and nearly 90% of them support the project’s return to Spain.”

Worldcoin’s target is distinguishing between bots and humans online. In an era where AI is making it harder to tell the difference, its World ID provides ‘proof of humanness’ with technologies such as biometric iris scans. Interestingly, Worldcoin co-founder Sam Altman is also the man behind OpenAI, the company at the forefront of developing AI, the same technology that’s making World ID more important in the digital age.

Despite being reportedly overwhelmingly supported in Spain by its users, regulators globally haven’t been as friendly. In Portugal, regulators ordered the project to cease collecting iris scans as it had failed to inform users about how it was using their biometric data.

Meanwhile, the WLD token trades at $4.94, dropping 0.62% despite a shortlived 3% rally on Wednesday.


Credit: Source link

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

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

DTCC highlights potential of tokenization in Congressional testimony

Next Post

SEC Chair Gensler: Spot Ether ETFs ‘Will Take Some Time’ to Begin Trading

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
SEC Chair Gensler: Spot Ether ETFs ‘Will Take Some Time’ to Begin Trading

SEC Chair Gensler: Spot Ether ETFs ‘Will Take Some Time’ to Begin Trading

Kraken Moves to Dismiss SEC’s Lawsuit

Kraken Is Targeting An IPO Next Year: Report

Recommended Stories

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

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

April 8, 2026
SEC fight over tokenized stocks could decide whether Wall Street keeps control

SEC fight over tokenized stocks could decide whether Wall Street keeps control

April 7, 2026
Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

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

April 8, 2026

Popular Stories

  • Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

    Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • Kraken’s Jesse Powell Warns of Looming Government Crackdown on Bitcoin and Crypto Assets

    0 shares
    Share 0 Tweet 0
  • Gensler says SEC can consider tailoring rules for crypto industry compliance

    0 shares
    Share 0 Tweet 0
  • SSV Network brings us Ethereum Staking with its New Permisionless Mainnet

    0 shares
    Share 0 Tweet 0
  • Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador

    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.