Colombia's regulator, the Bureau of Industrial and Commercial Supervision (SIC), accused Worldcoin and Tools for Humanity of violating personal data protection. Here's the description!

Colombian Regulator Accuses Worldcoin of Alleged Personal Data Breach

<img src="https://static.bittime.com/cms-static/upload/Colombian_Regulator_Accuses_Worldcoin_of_Alleged_Personal_Data_Breach_59e908a51c.webp" alt="Colombian Regulator Accuses Worldcoin of Alleged Personal Data Breach" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en?cn=400001">Bittime</a> -&nbsp;Colombia's regulator, the Bureau of Industrial and Commercial Supervision (SIC), accused Worldcoin and Tools for Humanity of violating personal data protection. Here's the description!<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Colombian Regulator Accuses Worldcoin</h2>According to the latest report from DeepChao TechFlow, Colombia's Industrial and Commercial Inspection Bureau (SIC) has declared that Worldcoin and the company behind it, Tools for Humanity, have violated personal data protection systems.&nbsp;These allegations come after previous reports that decentralized identity project Worldcoin allegedly violated applicable data protection regulations.<h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Colombian Regulatory Actions</h2>If Worldcoin is found to have violated data protection laws, SIC has warned that it could potentially face severe sanctions.&nbsp;The sanctions can include large financial fines or temporary closure of operations for six months, if violations are proven to be serious.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/alpaca-berhasil-menembus-harga">ALPACA Successfully Breaks the Price of $0.24</a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">International Response and Action</h2>Other Latin American countries are also experiencing fear of Worldcoin. Ecuador's Central Bank showed its skepticism towards the advancement of cryptocurrencies deemed not to meet official currency standards reiterating that "crypto assets are not currency" in August.&nbsp;Argentina's Public Access to Information Agency (AAIP) is conducting an investigation into Worldcoin to determine whether their data collection methods are legal.<h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Conclusion</h2>SIC is conducting an investigation into Worldcoin. This is a major advance in personal data protection in Colombia and Latin America.&nbsp;The future of crypto projects and similar technologies can be greatly influenced by actions taken by authorities due to increasing attention to data privacy.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy/?content_id=news&amp;cn=400001">Complete Guide How to Buy Crypto on Bittime</a>.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001"> of&nbsp;Bitcoin (BTC) price</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL),</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Worldcoin, a crypto project focused on digital identity, is preparing for the launch of World Chain Mainnet. As a first step, Worldcoin officially announced the presence of a developer preview, which is aimed at developers. Read more here!

  Worldcoin Accelerates World Chain Mainnet Launch with Developer Preview

Cardano Siap Bertransformasi dengan Chang Hard Fork  (3).webp

thumbnail_Cardano Siap Bertransformasi dengan Chang Hard Fork  (3).webp

Rarimo  announced the launch of RariMe, a Worldcoin competitor. Read the detail here!

Rarimo Launches RariMe as a Competitor to Worldcoin

Rarimo Meluncurkan RariMe sebagai Pesaing Worldcoin - Bitime

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Rarimo Meluncurkan RariMe sebagai Pesaing Worldcoin - Bitime (1).png

 - Rarimo, a multi-chain asset and identity interoperability protocol, announced the launch of RariMe, a Worldcoin competitor.

RariMe allows users to generate zero-knowledge proof (ZK) passports to verify their uniqueness without revealing their identity.

The competition between RariMe and Worldcoin will be interesting to follow. Here are some considerations to differentiate between the two:

Rarimo was founded by the team behind the anonymous blockchain voting technology that verified the legitimacy of Vladimir Putin's victory in the Russian election. The team is committed to building secure and anonymous Web3 identity solutions.

Lasha Antadze, co-founder of Rarilabs, stated that RariMe aims to "bring back online privacy" and allow users to "interact anonymously on Web3 properly."

RariMe Potential Impact and Security Considerations

The launch of RariMe as a Worldcoin competitor presents some interesting opportunities and challenges for the identity landscape on Web3. Let's go over some things to consider:

The launch of RariMe marks an important step in the effort to improve privacy and anonymity on Web3.

With ZK's secure and innovative approach, RariMe has the potential to be an attractive alternative to Worldcoin and other online identity solutions.

You can buy and sell crypto assets in an easy and safe way via over. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets at over, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet.

For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

 and other cryptos to find out today's crypto market trends in real-time on Bittime.