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	<title>Worldcoin Colombia Archives - Coin Engineer</title>
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	<title>Worldcoin Colombia Archives - Coin Engineer</title>
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		<title>Worldcoin Faces Legal Action in Colombia Over Data Laws</title>
		<link>https://coinengineer.net/blog/worldcoin-faces-legal-action-in-colombia-over-data-laws/</link>
					<comments>https://coinengineer.net/blog/worldcoin-faces-legal-action-in-colombia-over-data-laws/#respond</comments>
		
		<dc:creator><![CDATA[Tanju Akbıyık]]></dc:creator>
		<pubDate>Fri, 23 Aug 2024 14:00:29 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Colombia]]></category>
		<category><![CDATA[worldcoin]]></category>
		<category><![CDATA[Worldcoin Colombia]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=27474</guid>

					<description><![CDATA[<p>The top consumer protection watchdog in Colombia has charged the biometric cryptocurrency project Worldcoin and its business Tools for Humanity with allegedly breaching the national data protection laws. Colombia&#8217;s Superintendence of Industry and Commerce (SIC) said in a Wednesday statement, &#8220;The aim of the procedures is to ascertain whether the parties under investigation have infringed</p>
<p>The post <a href="https://coinengineer.net/blog/worldcoin-faces-legal-action-in-colombia-over-data-laws/">Worldcoin Faces Legal Action in Colombia Over Data Laws</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The top consumer protection watchdog in Colombia has charged the biometric cryptocurrency project <strong>Worldcoin</strong> and its business Tools for Humanity with allegedly breaching the national data protection laws.</p>
<p>Colombia&#8217;s Superintendence of Industry and Commerce (SIC) said in a Wednesday statement,<em> &#8220;The aim of the procedures is to ascertain whether the parties under investigation have infringed the Colombian personal data protection regime in the collection of sensitive personal data.&#8221;</em></p>
<p>Should one be found guilty, the SIC might impose fines or penalties that would stop <strong>Worldcoin&#8217;s</strong> activities for six months, or possibly an &#8220;immediate and definitive closure&#8221; of operations involving sensitive data.</p>
<p>Originally started by OpenAI CEO Sam Altman, the initiative distributes &#8220;World IDs&#8221; to those who scan their irises on an Orb device as evidence of personhood. Those that register receive WLD tokens, which are cryptocurrencies. According to its website, <strong>Worldcoin</strong> has onboarded over 6.5 million people globally.</p>
<p>Originally introduced in Colombia in June this year, <strong>Worldcoin</strong> now runs Orb devices in 25 sites spread over seven cities, including Bogota, the capital.</p>
<p>Regulatory authorities in several different countries have closely examined this kind of gathering of human iris data. While <strong>Worldcoin</strong> let users control their iris data in March, Hong Kong started to forbid business there.</p>
<p>&nbsp;</p>
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<p>The post <a href="https://coinengineer.net/blog/worldcoin-faces-legal-action-in-colombia-over-data-laws/">Worldcoin Faces Legal Action in Colombia Over Data Laws</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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