Spain has extended its ban on Worldcoin’s operations, a project led by Tools for Humanity Corporation, until the end of the year or until the Bavarian Data Protection Authority (BayLDA) reaches a final decision.The extension follows a precautionary measure imposed by the Spanish Data Protection Agency (AEPD) in March, which ordered Worldcoin to cease collecting and processing personal data in Spain.Worldcoin Foundation and Tools for Humanity have not made a public statement regarding the extension.The AEPD’s order was made under Article 66.1 of the General Data Protection Regulation (GDPR), which aims to safeguard individuals’ rights and freedoms.The Spanish National Court recently upheld the ban and rejected Worldcoin’s appeal, prioritizing the protection of personal data over the company’s interests.Worldcoin’s legally binding commitment ensures that its operations will remain halted until the BayLDA completes its investigation. The Bavarian authority, where Worldcoin’s main European office is located, is expected to conclude its investigation in the coming weeks.The agreement does not limit the AEPD or BayLDA’s authority to implement further supervisory measures if necessary. The collaboration between the two data protection authorities continues, with AEPD as an interested party under the GDPR framework.Worldcoin has faced scrutiny and controversy since its inception. Launched to create a global identification system via iris scans, the project has been criticized for privacy concerns and the potential misuse of biometric data.The project’s founders, including OpenAI CEO Sam Altman, envisioned Worldcoin as a way to use blockchain technology to ensure universal basic income and financial inclusion. However, the collection and storage of biometric data have alarmed privacy advocates and regulatory bodies worldwide.Worldcoin is facing regulatory challenges in other jurisdictions, including a ban on its operations in Hong Kong and Kenya — the latter of which said its activities amount to espionage.The outcome of the BayLDA’s decision will be crucial in determining the future of Worldcoin’s operations in Spain and potentially across Europe as the company navigates the stringent data protection regulations.The case also sets a precedent for how emerging technologies involving biometric data are regulated and managed in the EU.AJ, a passionate journalist since Yemen’s 2011 Arab Spring, has honed his skills worldwide for over a decade. Specializing in financial journalism, he now focuses on crypto reporting.CryptoSlate is a comprehensive and contextualized source for crypto news, insights, and data. Focusing on Bitcoin, macro, DeFi and AI. Follow us on X for instant crypto news and insights updates.Worldcoin’s co-founder further revealed other efforts of the firm to improve the platform’s security.Facing regulatory challenges in various nations, Worldcoin has publicly emphasized its dedication to complying with local laws and regulations.Spanish authorities banned Worldcoin on March 6 after receiving several complaints about the project.Regulatory scrutiny intensifies as Spain cracks down on Worldcoin’s data handling.CryptoSlate’s latest market report dives deep into the effects corporate Bitcoin purchases have on the market.Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
