{"id":435136,"date":"2023-08-31T10:23:48","date_gmt":"2023-08-31T10:23:48","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=435136"},"modified":"2023-08-31T12:24:46","modified_gmt":"2023-08-31T12:24:46","slug":"worldcoin-reports-record-single-day-sign-ups-in-argentina-despite-data-scrutiny","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/worldcoin-reports-record-single-day-sign-ups-in-argentina-despite-data-scrutiny","title":{"rendered":"Worldcoin Reports Record Single-Day Sign-Ups in Argentina Despite Data Scrutiny"},"content":{"rendered":"<p class=\"p2\"><span class=\"s1\">Worldcoin, a cryptocurrency project centred on identity and co-founded by Sam Altman, set a record for single-day sign-ups in Argentina this month.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Worldcoin signed up 9,500 people in Argentina in a single day, it said in an Aug. 31 <a href=\"https:\/\/worldcoin.org\/blog\/announcements\/demand-world-id-sign-up-record-argentina\">blog post<\/a>. That translates to roughly one verified individual every 9 seconds. <\/span><span class=\"s1\">The achievement came despite ongoing investigations into the project&rsquo;s data handling practices by Argentina&rsquo;s authorities and <a href=\"https:\/\/insidebitcoins.com\/news\/worldcoin-wld-in-turmoil-as-regulators-and-privacy-advocates-raise-concerns\"><span class=\"s2\">data protection agencies worldwide.<\/span><\/a><\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Argentina is one of the world&rsquo;s leading countries for blockchain innovation &amp; crypto adoption. That reputation was reinforced recently, as demand for World ID led to 9.5K Orb verifications in 24 hours&mdash;a new global record. <a href=\"https:\/\/t.co\/DEMx1Yda2O\">https:\/\/t.co\/DEMx1Yda2O<\/a><\/p>\n<p>&mdash; Worldcoin (@worldcoin) <a href=\"https:\/\/twitter.com\/worldcoin\/status\/1697184634419794029?ref_src=twsrc%5Etfw\">August 31, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p2\"><span class=\"s1\">The project, which was <a href=\"https:\/\/insidebitcoins.com\/news\/sam-altmans-worldcoin-crypto-token-soars-on-launch\"><span class=\"s2\">officially launched<\/span><\/a> on July 24, has garnered attention for its unique approach to online identity verification using iris scans. <\/span><span class=\"s1\">Worldcoin&rsquo;s Orbs have been accessible in cities that include Buenos Aires, Mar del Plata, Cordoba, and Mendoza.<\/span><\/p>\n<h2 class=\"p4\"><span class=\"s1\">Worldcoin Data Privacy Investigations Cast a Shadow<\/span><\/h2>\n<p class=\"p4\"><span class=\"s1\">The project remains under scrutiny from regulatory bodies concerned about data privacy. Argentina&rsquo;s authorities have initiated an investigation into Worldcoin&rsquo;s data handling practices, specifically focusing on the collection, storage, and utilization of personal data.&nbsp;<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The Public Information Access Agency in Argentina <a href=\"https:\/\/www.argentina.gob.ar\/noticias\/la-aaip-investiga-el-tratamiento-de-datos-personales-de-worldcoin-en-argentina\" target=\"_blank\" rel=\"noopener\"><span class=\"s2\">has stated<\/span><\/a> its intention to thoroughly analyze the processes involved and to take necessary measures if any issues are identified. &ldquo;Appropriate actions will be taken to address any identified issues and ensure that the company complies with security and privacy standards,&rdquo; it said.&nbsp;<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">In line with the current laws in Argentina, projects such as Worldcoin are obligated to register with the Argentine Agency of Access to Public Information. This registration entails providing a comprehensive account of their data collection and storage procedures.<\/span><\/p>\n<h2 class=\"p4\"><span class=\"s1\">Global Scrutiny Beyond Argentina&rsquo;s Borders<\/span><\/h2>\n<p class=\"p2\"><span class=\"s1\">Scrutiny of Worldcoin&rsquo;s activities extends beyond Argentina&rsquo;s borders. France&rsquo;s privacy regulator has raised questions about the legality of Worldcoin&rsquo;s collection of biometric data, while the United Kingdom&rsquo;s Information Commissioner&rsquo;s Office and Germany&rsquo;s Bavarian State Office of Data Protection Supervision have also expressed reservations and initiated investigations.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The global concerns regarding its data practices have even reached Kenya, one of the countries where the project had been launched. The Kenyan interior ministry recently <a href=\"https:\/\/insidebitcoins.com\/news\/kenya-suspends-worldcoin-crypto-project-on-public-safety-grounds\"><span class=\"s2\">announced the suspension<\/span><\/a> of local Worldcoin activities in order to assess potential risks to public safety. Reports from local media indicate that more than 350,000 individuals in Kenya have registered for Worldcoin scans.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">In the most recent update, a Kenyan High Court <a href=\"https:\/\/www.jurist.org\/news\/2023\/08\/kenya-high-court-halts-worldcoin-data-processing-amid-privacy-concerns\/\" target=\"_blank\" rel=\"noopener\"><span class=\"s2\">directed Worldcoin<\/span><\/a> and its collaborators to cease any additional processing of biometric data until the legal case involving the cryptocurrency project is resolved.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Despite its reported growing popularity, Worldcoin&rsquo;s native token, WLD, hasn&rsquo;t translated this into price gains. As per <a href=\"https:\/\/www.coingecko.com\/en\/coins\/worldcoin\" target=\"_blank\" rel=\"noopener\"><span class=\"s2\">CoinGecko data<\/span><\/a>, the cryptocurrency is presently valued at $1.2, more than 48% down in the past month.<\/span><\/p>\n<figure id=\"attachment_435142\" aria-describedby=\"caption-attachment-435142\" style=\"width: 894px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\" wp-image-435142\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-31-at-13.18.27-300x251.png\" alt=\"\" width=\"894\" height=\"748\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-31-at-13.18.27-300x251.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-31-at-13.18.27-768x643.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-31-at-13.18.27.png 859w\" sizes=\"(max-width: 894px) 100vw, 894px\"><figcaption id=\"caption-attachment-435142\" class=\"wp-caption-text\">Source: CoinGecko<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<h3 class=\"p4\"><span class=\"s1\"><b>Related Articles<\/b><\/span><\/h3>\n<ul class=\"ul1\">\n<li class=\"li6\"><span class=\"s3\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-worldcoin\"><span class=\"s4\">How to Buy Worldcoin (WLD) Crypto &ndash; Best Exchanges<\/span><\/a><\/span><span class=\"s5\"><br>\n<\/span><\/li>\n<li class=\"li6\"><span class=\"s3\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/worldcoin-price-prediction\"><span class=\"s4\">Worldcoin Price Prediction &ndash; WLD Price Potential in 2023<\/span><\/a><\/span><span class=\"s5\"><br>\n<\/span><\/li>\n<li class=\"li6\"><span class=\"s3\"><a href=\"https:\/\/insidebitcoins.com\/news\/altcoin-season-gains-momentum-as-viral-meme-coin-sonik-draws-750k-investment-only-6-days-remaining-for-low-price-purchases\"><span class=\"s4\">Altcoin Season Gains Momentum as Viral Meme Coin Sonik Draws $750k Investment; Only 6 Days Remaining for Low-Price Purchases<\/span><\/a><\/span><span class=\"s5\"><br>\n<\/span><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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Worldcoin signed up <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1942,"featured_media":435161,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[],"class_list":["post-435136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Worldcoin Reports Record Single-Day Sign-Ups in Argentina Despite Data Scrutiny - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Worldcoin, a cryptocurrency project centred on identity and co-founded by Sam Altman, set a record for single-day sign ups in Argentina.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/435136\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Worldcoin Reports Record Single-Day Sign-Ups in Argentina Despite Data Scrutiny\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-31T10:23:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-31T12:24:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Worldcoin-Argentina-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jane Lubale\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Jlubale\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jane Lubale\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/435136#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/435136\"},\"author\":{\"name\":\"Jane Lubale\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/d14398f5a1023729f9a3c6018217070a\"},\"headline\":\"Worldcoin Reports Record Single-Day Sign-Ups in Argentina Despite Data Scrutiny\",\"datePublished\":\"2023-08-31T10:23:48+00:00\",\"dateModified\":\"2023-08-31T12:24:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/435136\"},\"wordCount\":488,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/435136#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Worldcoin-Argentina-1.png\",\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/435136#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/435136\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/435136\",\"name\":\"Worldcoin Reports Record Single-Day Sign-Ups in Argentina Despite Data Scrutiny - 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