{"id":147709,"date":"2025-01-27T14:00:27","date_gmt":"2025-01-27T12:00:27","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=147709"},"modified":"2025-01-27T09:32:54","modified_gmt":"2025-01-27T07:32:54","slug":"worldcoins-world-network-banned-in-brazil-over-privacy-violations","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/worldcoins-world-network-banned-in-brazil-over-privacy-violations\/","title":{"rendered":"Worldcoin&#8217;s World Network Banned in Brazil Over Privacy Violations"},"content":{"rendered":"<p>The project, which involves collecting biometric data using eye scans in exchange for cryptocurrency rewards, has been <strong><a href=\"https:\/\/www.gov.br\/anpd\/pt-br\/assuntos\/noticias\/anpd-determina-suspensao-de-incentivos-financeiros-por-coleta-de-iris\" rel=\"nofollow\">ordered<\/a><\/strong> to cease services as of January 25. This action follows an investigation launched in November after the World ID initiative began operating in Brazil.<\/p>\n<p>The ANPD raised concerns that offering financial incentives, such as crypto, could compromise individuals\u2019 ability to provide genuine, uninfluenced consent for the collection of sensitive biometric data. Brazilian law requires that consent for such data be explicit, voluntary, and informed, with no undue pressure or enticement.<\/p>\n<p>Launched in 2019 by OpenAI CEO Sam Altman, World Network aims to build a global digital identity platform through iris scanning technology. However, Brazilian regulators highlighted several risks, including the irreversible nature of biometric data collection and the potential exploitation of individuals in vulnerable situations.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-147691\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-expert-forecasts-1-trillion-market-for-tokenized-real-world-assets\/\" title=\"Crypto Expert Forecasts $1 Trillion Market for Tokenized Real-World Assets\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/2106-5d013467c9d33-240x170.\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Expert Forecasts $1 Trillion Market for Tokenized Real-World Assets<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>This is not the first regulatory challenge for the project. In December, German authorities demanded compliance with EU data protection laws, raising similar concerns about the handling of biometric data. Meanwhile, the controversy has taken a toll on World Network\u2019s native token, WLF, which has dropped below $2\u2014a steep fall from its March 2023 peak of $11.74.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazil\u2019s data protection agency, the ANPD, has taken decisive steps to halt the operations of World Network, previously known as Worldcoin, within the country.<\/p>\n","protected":false},"author":3,"featured_media":85125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[424],"coin_category":[],"class_list":["post-147709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-crypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Worldcoin&#039;s World 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