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Worldcoin reaches 10 million users, could face $1m fine in Argentina
April 16, 2024, 5:06 p.m. | Joel R. McConvey
Biometric Update www.biometricupdate.com
It is the best of times and the worst of times for Worldcoin. The iris biometrics, digital ID and cryptocurrency project continues to accrue enrolments while prompting a barrage of legal challenges, warnings and potential penalties from concerned regulators.
In the latest salvo, the province of Buenos Aires has charged the company for including “abusive clauses” in its customer agreements and threatened it with a fine of up to one billion Argentine pesos (~US$1.15 million). A release from the …
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