The UK’s Information Commissioner’s Office, the national data privacy watchdog, will inquire about Worldcoin following British subscriptions at locations in London.
According to a spokesperson, the data watchdog is aware of the Worldcoin (WLD) cryptocurrency airdrop for UK registrants and “will make further inquiries.”
There is no airdrop from the US for Worldcoin as per the stall regulations
According to the UK government websiteThe role of the ICO is to promote open access to information and protect the privacy of individuals’ data. Hence, the investigation is likely to assess Worldcoin’s commitment to protecting the privacy of UK citizens, who can register at various locations in London.
To register with WorldID, interested users must download the global app which, among other things, will enable them to qualify for a potential universal basic income system. The app generates keys that will be attached to a piece of an image of their eye to prove their identity as a unique human being.
Despite signups in New York and other US territories, Monday’s airdrop of WLD excluded the US amid uncertainty over digital asset regulations.
Adds UK Information Commissioner’s query to Sam Altman Scrutiny
Worldcoin is the third project from entrepreneur Sam Altman to be put in the crosshairs of regulators.
In addition to co-founding the company behind Worldcoin, Altman Lead ChatGPT OpenAI developer and heads up a nuclear start-up. He has also invested in Elon Musk’s brain implant startup and a company hoping to extend human life.
US regulators and Europe They investigate whether AI tools like ChatGPT could harm consumers and violate data privacy.
Last week, Altman and several other tech company executives agreed to voluntary safeguards to reduce the threats posed by artificial intelligence. The Biden-Harris administration also released a national AI research and development strategic plan to promote responsible innovation.
Earlier this year, the US Federal Trade Commission said it was investigating whether ChatGPT harmed US consumers through misinformation. It is also looking into whether the company used deceptive data privacy techniques.
Read our review of ChatGPT here.
Europe’s concerns about ChatGPT’s use of data prompted Altman to consider withdrawing the product from the region. later businessman I backed off.
After yesterday’s launch, the Worldcoin token soared to $3.30 before dropping by almost a third to $2.12 at press time.
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