{"id":822538,"date":"2025-01-28T06:11:44","date_gmt":"2025-01-28T12:11:44","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/28\/brazil-bans-worldcoins-crypto-for-eye-scans\/"},"modified":"2025-01-28T06:11:44","modified_gmt":"2025-01-28T12:11:44","slug":"brazil-bans-worldcoins-crypto-for-eye-scans","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/28\/brazil-bans-worldcoins-crypto-for-eye-scans\/","title":{"rendered":"Brazil Bans Worldcoin\u2019s Crypto for Eye Scans"},"content":{"rendered":"
\n

\"Brazil<\/a><\/p>\n

\n

The country\u2019s data protection watchdog, the National Data Protection Authority (ANPD), issued an order. The company must stop offering crypto rewards to Brazilians.<\/strong><\/h4>\n<\/p>\n<\/div>\n
Brazil Raises Concerns Over Worldcoin\u2019s Eye Scan Incentives<\/strong><\/h5>\n

Worldcoin<\/a>, now known as World Network, was giving crypto rewards in exchange for biometric data from eye scans. However, Brazil has raised the red flag. They have concerns over the validity of user consent and the sensitive nature of biometric information.<\/p>\n

The ANPD\u2019s primary worry was that offering financial incentives, like crypto, could compromise the free and informed consent required by Brazilian law when collecting personal data. The watchdog pointed out that people, especially those in vulnerable situations, might feel pressured to give consent in exchange for digital currency. This raised alarms about the potential for manipulation, as well as the irreversible nature of collecting such personal data. Once biometric data like iris scans are taken, they cannot be deleted, leaving a significant privacy concern.<\/p>\n

\n

The Brazilian DPA issued a temporary ban on Worldcoin\u2019s iris-scanning venture. pic.twitter.com\/keYaZRgx98<\/a><\/p>\n

\u2014 Luis Montezuma | @[email\u00a0protected]<\/a> (@montezumachavez) January 24, 2025<\/a><\/p>\n<\/blockquote>\n

This move follows a similar crackdown in Europe. In December 2024, Germany\u2019s data protection authority also issued corrective measures for Worldcoin, calling for changes to comply with the EU\u2019s General Data Protection Regulations (GDPR). Authorities in both regions are tightening the reins on digital identity projects, especially when they involve sensitive data like biometrics.<\/p>\n

In just 18 months since its launch, World Network has made significant strides, verifying 10.6 million individuals while growing its user base to an impressive 22.7 million. The platform, which aims to revolutionize digital identity and financial networks through innovative biometric technology, has seen rapid adoption.<\/p>\n

\n

18 months since launch, 10.6M humans verified, 22.7M people on World Network.<\/p>\n

Thanks for being such an incredible community ???? https:\/\/t.co\/ReyFgj1GiT<\/a><\/p>\n

\u2014 World (@worldcoin) January 24, 2025<\/a><\/p>\n<\/blockquote>\n

In the wake of Brazil\u2019s decision, World Network\u2019s native token, WLF, saw a sharp decline, dropping more than 8% in just 24 hours. The token, which launched<\/a> in July 2023, has now fallen 83% from its March 2024 high, highlighting the market\u2019s reaction to the growing regulatory pushback.<\/p>\n

<\/p>\n

Disclaimer<\/strong><\/h6>\n

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer\/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.<\/p>\n<\/p><\/div>\n

Read More<\/a>
\n Joan Latson<\/p>\n","protected":false},"excerpt":{"rendered":"

The country\u2019s data protection watchdog, the National Data Protection Authority (ANPD), issued an order. The company must stop offering crypto rewards to Brazilians. Brazil Raises Concerns Over Worldcoin\u2019s Eye Scan Incentives Worldcoin, now known as World Network, was giving crypto rewards in exchange for biometric data from eye scans. However, Brazil has raised the red<\/p>\n","protected":false},"author":1,"featured_media":822539,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[502,125120],"tags":[],"class_list":{"0":"post-822538","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-brazil","8":"category-worldcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/822538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=822538"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/822538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/822539"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=822538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=822538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=822538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}