Cryptocurrency news often includes updates about Worldcoin, particularly due to its human-centric approach. Different countries have varying responses to it, especially since it involves data collection through iris scans. The latest development comes from Portugal.
Portugal Commands Worldcoin to Stop Biometric Data Collection
According to Reuters, Portugal today ordered Worldcoin to suspend its biometric data collection activities for 90 days. The reason for this directive has not yet been explained, but it likely involves legal framework preparations. Alternatively, Portuguese officials may want to discuss the matter in detail with the Worldcoin team during this period.
While announcing the development, the price of WLD token also increased by 8% today, trading at $9.25. It seems that the news has not negatively affected the token.
Worldcoin occasionally faces demands from different countries. Most recently, Spain’s data protection regulator AEPD demanded that Worldcoin immediately stop collecting personal data in the country and cease using the data it had already collected. The regulatory body issued a “precautionary measure” decision and gave Worldcoin 72 hours to comply with the order.