{"id":125793,"date":"2025-03-25T18:16:37","date_gmt":"2025-03-25T18:16:37","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125793"},"modified":"2025-03-25T18:16:37","modified_gmt":"2025-03-25T18:16:37","slug":"brazils-data-watchdog-upholds-ban-on-world-crypto-payments","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125793","title":{"rendered":"Brazil\u2019s data watchdog upholds ban on World crypto payments"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBrazil\u2019s data protection agency has upheld its decision to restrict cryptocurrency compensation tied to the World ID project, citing user privacy concerns.\u00a0<br \/>\nThe National Data Protection Authority (ANDP) rejected a petition by World ID developer Tools For Humanity to review its ban on offering financial compensation to users who provide biometric data through iris scans, the agency said in a March 25 announcement.\u00a0\u00a0<br \/>\nANDP will \u201cmaintain the suspension of the granting of financial compensation, in the form of cryptocurrency (Worldcoin &#8211; WLD) or in any other format, for any World ID created by collecting iris scans of personal data subjects in Brazil,\u201d a translated version of the announcement reads.\u00a0<br \/>\nThe company faces a daily fine of 50,000 Brazilian reais ($8,800) if it resumes data collection activities.\u00a0<br \/>\nCointelegraph reached out to Tools for Humanity but had not received a response at the time of publication.<br \/>\nWorld ID verification in Brazil was short-lived, with the ANDP banning data collection more than two months after it was launched in the country. Source: WorldcoinANDP\u2019s investigation into World, formerly known as Worldcoin, began in November of last year amid concerns that financial rewards could compromise users\u2019 ability to consent to offering sensitive biometric data.\u00a0<br \/>\nThe controversial \u201cWorld ID\u201d is created when users agree to iris scans, which generates a unique digital passport that can authenticate humans online.\u00a0<br \/>\nAs Cointelegraph reported, Tools For Humanity was ordered to stop offering services to Brazilians as of Jan. 25.\u00a0<br \/>\nRelated: Blockchain identity platform Humanity Protocol valued at $1.1B after fundraise<br \/>\nRace for digital identity solution heats up<br \/>\nAlthough World ID has run afoul of Brazilian law, the use of digital identification methods is growing in other markets due to the rise of AI deepfakes and Sybil attacks.<br \/>\nThe rise of bots and AI is also watering down online discourse on social media platforms such as X and Facebook. As Cointelegraph reported, up to 15% of X accounts are believed to be bots.\u00a0<br \/>\nResearch from blockchain analytics firm Chainalysis also showed that generative AI is making crypto scams more profitable by enabling the creation of fake identities.\u00a0<br \/>\nSome companies are attempting to create digital identity solutions without triggering privacy concerns and regulatory crackdowns. Earlier this year, Billions Network launched its own digital identity platform that doesn\u2019t require biometric data.\u00a0<br \/>\nThe platform is based on a zero-knowledge verification technology known as Circom and has already been tested by major financial institutions such as HSBC and Deutsche Bank.<br \/>\nMagazine: 9 curious things about DeepSeek R1: AI Eye<a href=\"https:\/\/cointelegraph.com\/news\/brazil-data-watchdog-world-crypto-payments?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBrazil\u2019s data protection agency has upheld its decision to restrict cryptocurrency compensation tied to the World ID project, citing user privacy concerns.\u00a0 The National Data Protection Authority (ANDP)&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125793"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125793"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125793\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125793"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}