UK Information Commission to Make Inquiries About Worldcoin
The firm has claimed it complies with "very, very local and very specific rules and regulations in each of the markets where there's an Orb."
/arc-photo-coindesk/arc2-prod/public/LXF2COBSKBCNHNRE3WTK2BZ7GE.png)
The U.K.'s data watchdog, the Information Commissions Office (ICO), will examine Worldcoin, a project by OpenAI CEO Sam Altman.
"We note the launch of WorldCoin in the U.K. and will be making further enquiries," a spokesperson for the Information Commissioner's Office told CoinDesk. Organizations "need to have a clear lawful basis to process personal data. Where they are relying on consent, this needs to be freely given and capable of being withdrawn without detriment."
Worldcoin, which launched on Monday, describes itself as a digital passport that can help holders prove they are human. The project already had 2 million users from its beta launch.
The Worldcoin Foundation adheres to strict privacy guidelines and "are continuing to assess local laws and regulations to ensure compliance," a company spokesperson said. "With regard to GDPR, Worldcoin is fully compliant with all laws and regulations governing biometric data collection and data transfer, including Europe’s General Data Protection Regulation."
UPDATE (July 26 09:51 UTC): Adds Worldcoin Foundation comments.
Disclosure
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.
Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.