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Worldcoin has announced a suspension of its activities in Spain until the end of the year or until the German authority overseeing its operations under the European Union’s General Data Protection Regulation (GDPR) completes its audit. This move follows a decision by Tools for Humanity, a key contributor to Worldcoin, to voluntarily extend the pause […]
Worldcoin agrees to suspend activities in Spain until the end of the year or until a resolution is reached by the German data authority in ongoing data protection investigations.
Oracle plans a significant investment to open a third cloud region in Madrid, enhancing AI and cloud services for Spains financial sector and other industries. (Read More)
The former United States president is intensifying his cryptocurrency advocacy as part of his 2024 presidential campaign.
Multiple reports have revealed that Binance, the crypto exchange with the highest trade volume, has announced the removal of 12 privacy-focused cryptocurrencies from its markets in Spain, France, Poland, and Italy. Commencing on June 26, 2023, users residing in these four countries will no longer have the option to purchase or trade these privacy coins [...]
The post Crypto Exchange Binance to Remove Privacy Coins From 4 European Markets appeared first on Crypto Breaking News.
The Spanish Data Protection Agency (AEPD) has taken decisiveaction against Tools for Humanity Corporation, issuing a precautionary measureto halt the collection and processing of personal data within the framework ofits Worldcoin project. The move comes in response to multiple complaints lodgedagainst the company, citing concerns over inadequate information disclosure,the collection of data from minors, and the inability to withdraw consent,among other infringements.
Precautionary Measures Against Tools for HumanityCorporation
The Worldcoin project, spearheaded by Tools for HumanityCorporation, has been under scrutiny for its handling of personal data withinSpanish territory. The AEPD's intervention underscores the gravity of thesituation, particularly regarding the processing of biometric data, which fallsunder the purview of the General Data Protection Regulation (GDPR) due to its sensitivenature.
According to the AEPD, the processing of biometric dataposes significant risks to individuals' rights, necessitating immediate actionto safeguard personal data and prevent its potential transfer to third parties.The precautionary measure aims to block further data collection andprocessing by Tools for Humanity Corporation and secure the data alreadycollected.
Urgency of AEPD Intervention to Safeguard Privacy Rights
Tools for Humanity Corporation, headquartered in Germany with itsEuropean establishment, faces legal consequences under the GDPR, allowingsupervisory authorities like the AEPD to implement provisional measures inexceptional cases to safeguard individuals' rights and freedoms.
The AEPD emphasized the urgent need to intervene to preventirreparable harm to individuals' privacy rights. The temporary prohibition ofdata collection activities seeks to uphold the fundamental right to theprotection of personal data, as enshrined in the GDPR.
Sam Altmans Worldcoin Faces Roadblock In Spain, WLD Price Dips 12%The Spanish data protection agency, AEPD, has ordered Worldcoin to stop gathering personal data within Spain.Worldcoin, backed by Sam Altman, has encountered another setback concerning privacy breaches. The
Trading Kingdom (@_KingOfTrade_) March 6, 2024The duration of the precautionary measure, not exceedingthree months, underscores the urgency of the situation and the need forimmediate corrective action by Tools for Humanity Corporation. Failure tocomply with the AEPD's directives may result in further legal consequences forthe company.
This article was written by Tareq Sikder at www.financemagnates.com.
Spain’s Data Protection Agency (AEPD) has ordered Worldcoin to halt personal data collection and processing and cease using already gathered data within the country for the next three months. This directive, issued on Mar. 6, addresses several complaints received by the AEPD against Worldcoin, citing inadequate information provision, data collection from minors, and inability to […]
The post Worldcoin faces three-month data collection suspension in Spain, WLD price drops 10% appeared first on CryptoSlate.
Telegram, the messaging powerhouse, has been banned in Spain on a case investigating the hosting of unauthorized content owned by media companies in Spain. The Audiencia Nacional (National Court), one of the highest courts in Spain, has authorized this ban until Telegram cooperates by sending the required info to the court. Audiencia Nacional Bans Telegram [...]
The post Telegram Banned in Spain for Not Cooperating in Unauthorized Content Probe appeared first on Crypto Breaking News.
The Audiencia Nacional (National Hearing), a Spanish special tribunal, has maintained the measures that the AEPD, the private data watchdog in the country, has taken against Worldcoin. The court determined that the defense of the general interest of protecting the people’s data must prevail over the company’s economic interest. Spanish Audiencia Maintains Suspension of Worldcoin [...]
The post Spanish Court Upholds Privacy Watchdogs Decision to Halt Worldcoin Activities appeared first on Crypto Breaking News.
BBVA SA, Spains second-largest bank, has secured regulatory approval to provide cryptocurrency custody and execution services to retail clients in Spain.
The post BBVA to Offer Cryptocurrency Services to Spanish Retail Clients appeared first on Kanalcoin.
BBVA customers in Spain will soon be able to trade Bitcoin (BTC) and Ethereum (ETH) The bank will roll out the crypto trading services in phases First, the bank will allow a select group of customers to test the services before expanding it to retail customers Spain’s Banco Bilbao Vizcaya Argentaria (BBVA), the country’s second-largest […]
The post BBVA gets nod to offer Bitcoin and Ethereum trading services in Spain appeared first on CoinJournal.
Worldcoin, the biometric iris scanning project, has introduced a complaint against the actions of the AEPD, the personal data protection agency in Spain. Tools For Humanity, the company behind Worldcoin, argues that the agency circumvented the General Data Protection Regulation (GDPR) established procedures when taking the ban actions against the project. Worldcoin to Fight Operations [...]
The post Worldcoin Introduces Complaint Against Operations Ban in Spain appeared first on Crypto Breaking News.
The U.S.-based trading platform is set to become the first to issue and trade tokenized assets in both the U.S. and the EU, and will operate under the new DLT pilot regime.
The Guardia Civil detained one person who was supposedly part of the crime unit.
crypto.com enters spanish market with vasp registration 2 Singapore-based cryptocurrency exchange, Crypto.com, has successfully obtained Virtual Asset Service Provider (VASP) registration from the Bank of Spain, marking a significant regulatory milestone for the company. The registration allows Crypto.com to offer its suite of products and services to users in Spain, further expanding its presence across …
<p>The post Crypto.com Enters Spanish Market with VASP Registration first appeared on CCNC | Cryptocurrency Newscast.</p>
Apart from Spain, the crypto exchange has received a green light in France, Italy, Greece, the UK, Singapore, Canada, and other nations.
Singapore based cryptocurrency exchange service provider Crypto.com has obtained a virtual asset service provider (VASP) registration from the Bank of Spain. The regulatory approval would allow the exchange to offer a range of crypto-focused services to customers in Spain, a country which has shown a positive crypto stance in recent times. The crypto exchange platfrom [...]
The post Crypto.com receives regulatory approval to offer crypto services in Spain appeared first on Crypto Breaking News.
The government of Spain has approved the resources for a new issuance of gold bullion coins, which will be directed to satisfy a higher estimated demand for these instruments. The Spanish National Coin Factory will purchase 40 million euros in high-quality gold pieces for this batch, a significantly higher amount of gold compared to the [...]
The post Spain Prepares to Expand Offer of Gold Bullion Coins for Investors appeared first on Crypto Breaking News.
The Bit2Me card supports eight cryptocurrencies, including BTC, ETH, ADA, and SOL, with more anticipated later this year. (Read More)
On Jan. 18, 2023, police enforcement closed Bitzlato. (Read More)
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