Worldcoin Halts Operations in Spain Until End of 2024

According to Odaily, the Spanish Data Protection Agency (AEPD) has announced that Worldcoin has legally agreed to suspend its operations in Spain until the end of this year. The company behind Worldcoin, Tools for Humanity Corporation, has pledged not to resume data collection and processing until the end of 2024 or until the ongoing investigation is finally resolved. Currently, the Bavarian State Office for Data Protection Supervision (BayLDA) in Germany is investigating the organization's handling of individual user data. The decision to halt operations comes as a result of these ongoing investigations, with the company choosing to comply with regulatory requirements until the investigations are concluded. This move by Worldcoin is seen as a step towards ensuring the privacy and security of user data, as the company awaits the results of the investigation by the Bavarian State Office for Data Protection Supervision. The outcome of this investigation could have significant implications for the company's future operations, particularly in terms of how it handles user data.