Worldcoin Appeals Bavarian GDPR Ruling Amid Regulatory Scrutiny and Uncertain Future Prospects
The post Worldcoin Appeals Bavarian GDPR Ruling Amid Regulatory Scrutiny and Uncertain Future Prospects appeared on BitcoinEthereumNews.com.
Bavarian regulators have ordered World (formerly Worldcoin) to delete biometric data due to alleged GDPR violations, igniting a legal challenge. In response, World has stated that the ruling addresses outdated practices and has filed an appeal, asserting compliance with current regulations. This case underscores the intense regulatory scrutiny facing crypto companies in the EU and raises questions about World’s operational future in the region. The Bavarian State Office for Data Protection (BayLDA) has forced Worldcoin to delete user biometric data, sparking a significant legal battle over GDPR compliance. BayLDA Takes On Worldcoin Regarding Data Privacy World (formerly Worldcoin) aims to provide a digital identity solution by collecting iris scans and biometric data from millions. Recently, the BayLDA issued a press release detailing the results of an ongoing probe into World, expressing substantial dissatisfaction with the company’s compliance efforts: “The company will be obliged to provide a deletion procedure that complies with the provisions of the GDPR within one month of the decision taking effect. Worldcoin will be obliged to obtain explicit consent… in the future. Moreover, the deletion of certain records collected without a sufficient legal basis was ordered ex officio,” it stated. In immediate response, World appealed the BayLDA’s ruling and addressed the matter on its official blog. The company contends that the investigation primarily concerns outdated operations and technologies that have been replaced in 2024. This suggests that World believes advancements in its technology over the past year render the regulator’s concerns as no longer relevant. Recently, WLD’s price performance has been turbulent. Following a rebranding from the original “Worldcoin” name in mid-October, its recovery following the bullish market trends in November was late and short-lived. The WLD token surged by 50% one week post the US elections; however, this momentum did not sustain, leaving the token’s future…
