Worldcoin, the biometric, iris-based ID and universal basic income (UBI) project, has been sanctioned with fines for over $ 200,000 in the Buenos Aires province. The fines answer to several violations of the National Consumer Defense Law, such as the inclusion of abusive clauses in its terms of service agreement. Also, authorities of Buenos …
The highly anticipated Bitcoin Cash (BCH) Conference is set to take place in Buenos Aires, Argentina from October 12 to October 14, 2024. The event, hosted at the stunning Calima Eventos in the Puerto Madero area, promises a blend of networking, innovation, and entertainment over three days. Attendees can look forward to engaging discussions, a […]
A bill that seeks to regulate the activities of companies that scan the eyes of their users, like Worldcoin, has been recently introduced in Buenos Aires. The law aims to protect the app users’ rights and help them to secure and determine the destination of the biometric data collected by these entities. Eye Scanning Bill […]
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil bans the use of cryptocurrency for gambling-related payments, and Worldcoin faces fines for alleged abusive behavior in Buenos Aires. Brazil Passes Rules Banning Cryptocurrency Payments for Gambling Brazil has legalized the use […]
Worldcoin, the digital biometric identification project, has rejected the claims made by Buenos Aires regarding possible infringements of customer protection laws. The organization told local sources that it answered Buenos Aires’ requirements since January to show the transparency it exercises in its operations. Worldcoin might face a deeper investigation if a local proposal gets approved. […]