Amid increasing legal uncertainty in Spain, the global digital identity and cryptocurrency project, Worldcoin, issued new statements regarding its operations and compliance efforts on March 18.
Worldcoin, a “globally inclusive identity and financial network” founded by OpenAI CEO Sam Altman, said it is “lawfully in all of the locations in which it is available” and designed to comply with related laws fully.
Clear answers to some of the most frequently asked questions about the Worldcoin project. https://t.co/MkdxpIaEmV
— Worldcoin (@worldcoin) March 18, 2024
In a blog post titled “Essential facts about Worldcoin,” the project provided fundamental insights into its operations, rules, and adherence to regulations.
Worldcoin emphasized its commitment to operating lawfully in all jurisdictions where it is available and assured it is compliant with relevant laws and regulations governing data collection and transfer.
The project highlighted its adherence to major global data protection frameworks, such as Europe’s General Data Protection Regulation (GDPR) and Argentina’s Personal Data Protection Act, as detailed in a previous post from January.
Notably, Worldcoin reiterated its policy of not allowing minors to join the platform, requiring users to confirm their age over 18 through the World App before verifying at an Orb. In the post, Worldcoin said it uses “mystery shoppers” to prevent minors from participating in the verification process.
The Worldcoin Foundation and its contributor, Tools for Humanity, affirmed that they have never sold, do not sell, and will never sell any personal data, including biometric data.
The project emphasized the self-custodial nature of World ID and World App, ensuring that only the
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