Brazil Rejects Request to Review Ban on Worldcoin (WLD) Iris Scan Data Collection Rewards
JH Kim
Summary
- The Brazilian National Data Protection Authority did not approve the request to review the ban on biometric data collection rewards by Worldcoin (WLD).
- The authority stated that rewards for iris scan data collection with cryptocurrencies must cease.
- A fine of 50,000 Brazilian Reais per day will be imposed if data collection resumes.
The Brazilian National Data Protection Authority (ANDP) has not approved a petition to review the ban on monetary rewards for biometric data collection by Tools for Humanity, the developer of Worldcoin (WLD).
According to Cointelegraph, a cryptocurrency-focused media outlet, ANDP stated on the 25th (local time) that "the collection of iris scan data in Brazil must cease to be rewarded with cryptocurrencies or other forms," and "a fine of 50,000 Brazilian Reais (approximately 12,900,000 KRW) per day will be imposed if data collection resumes."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
