🇧🇷 Brazil prohibits Worldcoin from collecting biometric data.
📈 Brazil has decided to prohibit Worldcoin (WLD) from offering cryptocurrencies or financial incentives in exchange for biometric data. The National Data Protection Authority (ANPD) issued this measure on January 25, following a thorough investigation that began in November 2024.
⚠️ Worldcoin, co-founded by Sam Altman, CEO of OpenAI, uses iris scanning technology to generate digital identities. The platform rewards users with cryptocurrencies for their participation through a device known as "Orb." However, the ANPD concluded that these incentives could jeopardize the validity of consent, which would violate Brazilian data protection laws.
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.