Worldcoin’s Data Collection Activities Hits Pause In Spain – Here’s Why
Worldcoin's developer, Tools for Humanity, has paused operations in Spain until at least 2024 due to an investigation by the Spanish Agency for Data Protection. Similar concerns have been raised by authorities in Germany and Hong Kong regarding the company's biometric data collection for a universal digital identity. The BayLDA in Germany is leading the European investigation, which will determine Worldcoin's future operations in Europe. In response to regulatory challenges, Worldcoin has open-sourced its biometric data system and introduced secure multi-party computation (SMPC) technology to enhance data security. The company has also made improvements to its user interface. Despite the operational halt in Spain, Worldcoin experienced only a minor pullback in trading.
