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The German data protection authority, the Federal Commissioner for Data Protection and Freedom of Information (BfDI), has issued a directive to Worldcoin, demanding the deletion of non-compliant data collected from users. The order cites violations of the General Data Protection Regulation (GDPR), raising concerns about the security and legality of the biometric data used in Worldcoin’s iris scanning technology. This …

A recent survey conducted in Brazil reveals that a significant portion of the population is investing a substantial portion of their assets in cryptocurrencies. The study, which polled thousands of Brazilian investors, found that between 7% and 35% of their total assets are being allocated to digital currencies. This trend reflects the growing popularity and acceptance of cryptocurrencies in the …

In a dramatic turn of events, investors who lost $151,000 following the 90% crash of the $HAWK token have filed a lawsuit against its creators and promoters. The sudden and significant devaluation of the cryptocurrency has sparked outrage among those who were caught off guard by the rapid decline. This legal action underscores the growing concerns about the volatility and …

Formula 1 has announced an extended partnership with Crypto.com, securing a continued relationship through the 2023 season. The collaboration, initially launched in 2021, has proven to be a significant opportunity for both brands to expand their reach among global audiences. As part of the agreement, Crypto.com will continue to benefit from exclusive branding rights and various promotional opportunities throughout the …

In Japan, the ruling party’s drive for cryptocurrency tax reform continues to face skepticism from Prime Minister Fumio Kishida. Despite strong lobbying efforts from within his own ranks, the government appears cautious about the potential implications of changes to the tax system for digital assets. As Japan strives to strike a balance between fostering innovation in the crypto space and …