Argentina’s Information Agency Launches Investigation Into Sam Altman’s Worldcoin Foundation | CoinMarketCap

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Argentina’s Information Agency Launches Investigation Into Sam Altman’s Worldcoin Foundation | CoinMarketCap
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CryptoNews: The Argentine Agency for Access to Public Information (AAIP) has launched an investigation into the privacy practices of the cryptocurrency project Worldcoin. 🧐

The Argentine Agency for Access to Public Information has launched an investigation into the privacy practices of the cryptocurrency projectThe AAIP intends to examine Worldcoin’s handling of customers’ data, including data collecting, storage and usage, to ensure compliance with security and privacy regulations.

The Worldcoin project incentivizes people to authenticate their identity through scanning their retina at various sites throughout the provinces of Buenos Aires and other cities, sparking privacy concerns.“Citizens have the right, whenever personal data is provided, to have clear and accessible information in relation to the assignment, use and purpose for which the data is collected and processed, especially with regard to sensitive data, such as biometric data.

, Worldcoin recently announced a large increase in signups and verifications, with over 100% growth in the week that followed. The project was suspended in Kenya due to operational issues following the recruitment of a sizable number of participants. In addition, it was alleged that Kenyan authorities searched a Worldcoin facility and seized tools that might have included user information.

Furthermore, both the French National Commission on Informatics and Liberty and Germany's Bavarian State Office for Data Protection Supervision opened inquiries into the project's data collection practices. TheObserver of crypto markets and writer of all things crypto.

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