After hitting one million daily users on WorldApp, Worldcoin is running into regulatory roadblocks.
The Spanish Agency for the Protection of Data (AEPD) ordered Worldcoin to stop collecting and processing data in Spain on March 6, issuing a temporary order banning operations for a period of three months.
Worldcoin is a product/service developed by Tools for Humanity, a firm founded by OpenAI co-founder and CEO Sam Altman. Its mission, according to the Worldcoin white paper, is to create a “globally inclusive identity and financial network, owned by the majority of humanity” with the stated goal of creating “a potential path to AI-funded UBI (universal basic income).
The AEPD order claims the agency is investigating complaints that users in Spain aren’t able to withdraw consent and that Worldcoin has allegedly collected data from minors.
