France's privacy watchdog, CNIL, has expressed concerns over the legality of Worldcoin's biometric data collection. The CNIL has initiated investigations into the matter after Worldcoin collected data in France. The watchdog has revealed that the Bavarian state authority in Germany has jurisdiction and is conducting investigations with support from the CNIL. Worldcoin's iris-scanning device was seen at a sign-up site in Shoreditch, East London in 2023.
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French watchdog investigates legality of Worldcoin's biometric data collection
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Chainlink Digital Asset Insights: Q3 2024
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Pennsylvania Passes "Bitcoin Rights" Bill and Considers Strategic Bitcoin Reserve Amid Criticism and Potential Economic Benefits
Pennsylvania has passed the "Bitcoin Rights" bill, which protects the rights of individuals and businesses to self-custody digital assets, operate blockchain nodes, and conduct transactions without interference from restrictive municipal ordinances. This move establishes Pennsylvania as a leader in digital asset regulation and demonstrates its commitment to fostering innovation in the sector while addressing issues such as economic empowerment and financial inclusion. Additionally, two Republican Representatives have introduced the Strategic Bitcoin Reserve Act, which would allow the state treasurer to allocate up to 10% of Pennsylvania's funds into bitcoin and crypto-based exchange-traded products. However, critics have raised concerns about the risks of holding bitcoin in government reserves, including extreme price volatility and security vulnerabilities, as well as environmental concerns related to bitcoin mining's energy consumption. Despite this, Pennsylvania's proactive approach to fostering a crypto-friendly environment positions the state as a model for equitable digital asset adoption and underscores the growing role of state governments in shaping the future of the digital economy. -
It is reported that Trump may meet with Ripple CEO and other crypto industry representatives to discuss the formulation of US crypto policy
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Cardano founder confirms he will work with Trump administration on crypto legislation
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