Worldcoin

<p><em><strong>On Monday, the Spanish High Court rejected Sam Altman’s Worldcoin’s appeal to lift the temporary ban in Spain.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" /></p><p>On Monday, Spain’s High Court decided to keep the temporary ban on an iris-scanning project by Tools for Humanity, despite an appeal from the owner of Worldcoin. The court emphasized the need to protect the “public interest” in its ruling.</p><h3 id="spain-high-court-upholds-ban-on-worldcoin-s-iris-scanning-initiative">Spain High Court Upholds Ban on Worldcoin’s Iris-Scanning Initiative</h3><p>The Spain High Court confirmed the temporary ban on Tools for Humanity’s iris-scanning project, <a href="https://cryptosheadlines.com/xrp-lawyer-and-coinbase-clo-predict-sec-appeal-rejection/" rel="noopener noreferrer nofollow">rejecting Worldcoin’s appeal</a>. Additionally, the court assured Tools for Humanity of reimbursement for any financial losses if the ban is lifted in the future, dismissing the appellant’s claim of “irreparable” harm.</p><p>The dispute arose from Worldcoin’s ambition to establish a global identity system, offering cryptocurrency and a digital ID in exchange for iris scans. However, after Spain’s data protection regulator, the AEPD, imposed a ban, Worldcoin faced legal action. The AEPD directed <a href="https://cryptosheadlines.com/french-privacy-regulator-probes-worldcoin-data-collection/" rel="noopener noreferrer nofollow">Worldcoin to cease collecting personal data</a> and using any previously obtained information.</p><p>Worldcoin challenged the AEPD’s instructions, accusing the regulator of circumventing EU laws and disseminating misinformation about their technology. Moreover, Worldcoin argued that the AEPD failed to adhere to established EU <a href="https://cryptosheadlines.com/imf-fsb-proposes-specific-rules-for-cryptocurrency-control/" rel="noopener noreferrer nofollow">rules and GDPR regulations without providing specific</a> details. Consequently, Worldcoin filed a lawsuit seeking to suspend the AEPD’s order, submitted to the Administrative Chamber of Spain’s High Court.</p><p>In response to the legal proceedings, Worldcoin halted all World ID verification services in Spain, involving iris scans using the company’s “orb” devices. Despite attracting millions of participants worldwide, the project faces criticism from privacy advocates over apprehensions regarding the collection, storage, and utilization of personal data.</p><h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" /></p><h3 id="worldcoin-crypto-defies-negative-sentiment-with-rebound">Worldcoin Crypto Defies Negative Sentiment with Rebound</h3><p>Despite the negative development mentioned earlier, the Worldcoin (WLD) crypto price did not follow the anticipated downward trend. Instead, it rebounded from recent declines and experienced a notable gain today. As of Monday, March 11, the <a href="https://cryptosheadlines.com/worldcoin-wld-prices-surge-by-80-large-investors-gather-more/" rel="noopener noreferrer nofollow">Worldcoin price surged</a> by 1.91% to reach $9.84 at press time.</p><p><a href="https://cryptosheadlines.com/machine-learning-model-predicts-lunc-price-for-31-march-2024/" rel="noopener noreferrer nofollow">Also Read:   Machine Learning Model Predicts LUNC Price for 31 March 2024</a></p><p>Worldcoin exhibited a market capitalization of $1.46 billion, while the 24-hour trade volume saw a significant decline of 30.64% to $939.23 million. Despite an initial bearish turn, the <a href="https://cryptosheadlines.com/regulator-to-investigate-worldcoin-wld-crypto-project/" rel="noopener noreferrer nofollow">WLD crypto</a> managed to reach a high of $10.26 today.</p><p>The correction observed earlier in the day could be viewed as a positive pullback, considering the impressive performance of the WLD crypto in recent times. Over the past month, Worldcoin surged by an astonishing 285%, while it rallied over 22% in the last seven days.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Court Denies Sam Altman’s Worldcoin Ban Lift Plea

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