French authorities launch probe into Worldcoin over data collection practices

2023-7-29 06:00

French privacy regulator CNIL has initiated a probe into Worldcoin over concerns that its data collection and storage practices may not be entirely legal, Reuters reported on July 28. The watchdog is collaborating with its German counterpart as the latter directly oversees the project as its primary European regulator. origin »

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regulator practices french data collection probe worldcoin

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regulator practices → Ðåçóëüòàòîâ: 26


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French data protection regulator investigating recently launched Worldcoin

The French data protection regulator CNIL is looking into the recently launched Worldcoin (WLD) cryptocurrency project started by Sam Altman of OpenAI, for “questionable” practices. Regarding Worldcoin’s practice of scanning retinas to ensure that no single person can claim cryptocurrency rewards more than once, a CNIL spokesperson wrote in a written statement that “the legality […] The post French data protection regulator investigating recently launched Worldcoin appeared first on Invezz.

2023-7-29 17:02


Crypto Trading Platform Abra In Hot Water: Texas Regulator Accuses It Of Fraud

Abra and its CEO, Bill Barhydt, faced a significant blow as the Texas State Securities Board initiated enforcement actions against the crypto lending firm.  The board firmly asserts that both Abra and its CEO are guilty of securities fraud and deceptive practices linked to the solicitation and distribution of investment opportunities related to Abra Earn […]

2023-6-17 15:50


Bitwise is ‘feverishly’ working towards gaining the SEC’s approval: Matt Hougan

Bitwise’s Bitcoin Exchange Traded Fund [ETF] was recently shot down by the SEC, with the agency citing that it would pave the way for manipulative acts and practices. The United States’ financial regulator had previously published a 112-page document, detailing the reasons behind the rejection, with Bitwise, surprisingly, hailing the careful consideration the SEC gave […] The post Bitwise is ‘feverishly’ working towards gaining the SEC’s approval: Matt Hougan appeared first on AMBCrypto.

2019-10-30 20:00


Ôîòî:

Colorado Securities Regulators Crack Down on 18 ‘Fraudulent’ ICOs, With More on the Way

The Colorado State Department of Regulatory Agencies (DORA) has filed cessation orders against four ICOs that were allegedly involved in ‘fraudulent and illicit’ practices, bringing the total number of ICOs stopped by the state’s bodies to 18 this month, Denver Business Journal reported on November 22, 2018.

2018-11-25 14:00


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OpenAI disputes Indian court’s demand to erase ChatGPT data

OpenAI has challenged the jurisdiction of an Indian court to compel the removal of ChatGPT’s training data, asserting that such an order would conflict with its legal obligations under US law, Reuters reported, citing a recent court filing.

Coinbase scores legal win, court orders SEC to explain lack of crypto rulemaking

The US Court of Appeals for the Third Circuit granted Coinbase a partial victory in its legal dispute with the Securities and Exchange Commission (SEC) in a Jan. 13 ruling. The panel of judges, led by Circuit Judge Ambro, deemed the SEC’s reasoning “arbitrary and capricious” under the Administrative Procedure Act (APA), a standard requiring […] The post Coinbase scores legal win, court orders SEC to explain lack of crypto rulemaking appeared first on CryptoSlate.

Microsoft to crackdown on generative AI misuse by criminals

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Kenya preparing to legalize crypto: report

Kenya’s Treasury Cabinet Secretary John Mbadi has announced plans for a draft policy aimed at regulating virtual assets and virtual asset service providers. Speaking on Friday, Mbadi said the proposed framework seeks to leverage the opportunities presented by cryptocurrencies while…