Worldcoin Ensures Legal Compliance Amid Regulatory Scrutiny
Worldcoin's representatives assert that their operations are fully lawful, adhering to the legal frameworks of the jurisdictions where the cryptocurrency is available. In a statement dated March 18, they confirmed the project's commitment to aligning with all pertinent laws and regulations regarding data collection and sharing. Specifically, Worldcoin has aligned its practices with the European Union's General Data Protection Regulation (GDPR) and Argentina's Personal Data Protection Law, ensuring legal compliance.
The statement emphasizes, "Worldcoin conducts its business legally across all regions where its services are offered."
The Worldcoin organization also highlighted its dedication to the transparency of the project and the confidentiality of the biometric data it collects, specifically stating that the iris scans
First found on: Worldcoin Ensures Legal Compliance Amid Regulatory Scrutiny - Coinatory
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