The Brazilian National Data Protection Authority (ANDP) has reaffirmed its decision to ban cryptocurrency payments associated with the World ID project due to concerns about user privacy. According to Cointelegraph, the request by Tools For Humanity, the developer of World ID, to reconsider the ban on offering financial rewards to users who provide their biometric data through iris scans was denied.
In an announcement made on March 25, it was stated that cryptocurrency Worldcoin (WLD) or any other format of financial rewards will continue to be suspended. This ban will apply to any World ID created in Brazil through iris scans. Tools For Humanity will face a daily fine of 50,000 Brazilian reais ($8,800) if it continues its data collection activities.
The World ID verification process in Brazil was short-lived; ANDP halted data collection just two months after its launch in the country. The investigation into World (formerly known as Worldcoin) was initiated last November due to concerns that financial incentives might undermine users' consent to share their sensitive biometric data.
World ID, a controversial digital passport created through iris scans, facilitates online human identity verification.
