CryptoMediaClub
Friday, August 14, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Another Argentinian Province Launches Probe into Worldcoin Operations

03.09.2024
A A
0
122
VIEWS
ShareShare

A second Argentinian province has launched a probe into the operations of the Worldcoin (WLD) crypto project, as the token’s popularity continues to grow in Latin America.

Tiempo Argentina reported that authorities in the province of La Rioja are “moving against” the operator amid fears it is “taking advantage” of “growing poverty.”

The province’s Cybercrime-fighting Executive Unit announced it has closed down one of the company’s “locations” in the province.

The unit is also reportedly seeking to prohibit Worldcoin from operating in the province, following similar moves in Buenos Aires.

A graph showing Worldcoin (WLD) prices over the past seven days.
Worldcoin (WLD) prices over the past seven days. (Source: CoinGecko)

Worldcoin Operations Under the Spotlight in Argentina?

The unit is also reportedly “seeking to prohibit” Worldcoin activities. It has also accused the company of “collecting extremely sensitive information such as iris patterns, which are unique to every person.”

The unit said the firm’s activities “represent a significant risk” to the “security and privacy of individuals” in La Rioja.

The probe comes in the wake of phenomenal WLD adoption rates in Argentina. In July, the project’s executives talked about turning Argentina into a regional operations hub.

The firm has spoken of its intention to open 50 Worldcoin centers in “more than 10 cities throughout the country” in the months ahead.

The company also wants to hire some 50 new employees in Argentina. Its top officials have met senior central government officials including President Javier Milei in a bid to allay fears about privacy concerns.

Argentina is lowering a key import tariff in an effort to further cool inflation as President Javier Milei weighs the trade-offs between economic targets often at odds https://t.co/Ca0k8Xlg4z

— Bloomberg Markets (@markets) August 28, 2024

However, Argentina’s provinces appear concerned. The regional government of the Province of Buenos Aires has launched several investigations into Worldcoin operations.

Lawmakers Call for Action

Buenos Aires lawmakers have called for WLD-policing legislation, and agencies say it includes “abusive [exploitative] clauses” in its contracts with clients.

And Buenos Aires authorities say Worldcoin operators risk being hit with a fine worth up to $1.15 million.

The same media outlet claimed that “at least three more” Argentine provinces are “planning” to launch probes.

The Argentinian province of La Rioja.
The Argentinian province of La Rioja. (Source: NordNordWest, GrandEscogriffe [CC BY SA 4.0])

Silvina Santángelo, the unit’s head, noted that the La Rioja provincial constitution “incorporates fourth-generation rights,” which “include the protection of citizens’ personal data.”

🔵 Worldcoin: el escaneo del iris se expande por el país.
✍🏽 @fedetrofelli | https://t.co/2WfISBDKGL pic.twitter.com/LgZM68HfPR

— Tiempo Argentino (@tiempoarg) March 25, 2024

“The Worldcoin Orb, the device that performs scans […], represents a great risk when it comes to delivering […] information because the Orb is much more effective than the fingerprint when it comes to verifying a person’s identity.”

Silvina Santángelo, Head of La Rioja’s Cybercrime-fighting Executive Unit

Unit Says It Is Worried About Minors

Santángelo also claimed that “unfortunately, some people who went to have their irises scanned came with their children.” She said:

“This is very serious because we are talking about minors. Worldcoin usually goes to places where there is greater need and where people have less information about what they are asking for. And they take advantage of the economic need of [poorer people].”

Authorities in Chile voiced similar concerns earlier this year, leading to the Worldcoin operator later pledging to verify the ages of the people who scan their irises at its centers.

Media outlets have this year reported that “thousands” of Argentinian citizens have visited Worldcoin centers this year.

An unofficial Worldcoin reselling industry has also emerged in Argentina. This has seen many WLD recipients swap their coins for fiat handouts, often at “50% of their market value.”

The post Another Argentinian Province Launches Probe into Worldcoin Operations appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Bitcoin News: Metaplanet CEO Shuts Down BTC Sale Fears
All news

Bitcoin News: Metaplanet CEO Shuts Down BTC Sale Fears

13.08.2026
0

In Bitcoin news today, BTC trades at around $63,500, down -0.6% on the day, sitting in a tight range while...

Read moreDetails
Bitcoin Price Prediction: Can $63K Hold as Whales Keep Selling?

Bitcoin Price Prediction: Can $63K Hold as Whales Keep Selling?

13.08.2026
Bitunix Launches Super Alert Challenge With 10,000 USDT in Rewards

Bitunix Launches Super Alert Challenge With 10,000 USDT in Rewards

13.08.2026
Mark Zuckerberg Meta AI Predicts Bitcoin Price by The End of 2026

Mark Zuckerberg Meta AI Predicts Bitcoin Price by The End of 2026

13.08.2026
Shutdown Odds Sink, but December Still Hangs Over Bitcoin

Shutdown Odds Sink, but December Still Hangs Over Bitcoin

13.08.2026
Load More
Next Post
Top Crypto Gainers Today On DEXScreener – VISTADOGS, MPIG, VISTA

Top Crypto Gainers Today On DEXScreener – VISTADOGS, MPIG, VISTA

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

US Spot Bitcoin ETFs See $410M in Outflows as BTC Slips Below $66K

US Spot Bitcoin ETFs See $410M in Outflows as BTC Slips Below $66K

6 months ago
FCA Crackdown Fails to Take away Half of Unlawful Crypto Advertisements in UK: Report

FCA Crackdown Fails to Take away Half of Unlawful Crypto Advertisements in UK: Report

2 years ago
Crypto and AI: Control the robots, incentivize the humans

Crypto and AI: Control the robots, incentivize the humans

3 years ago
NFT collection Milady exploited by developer stealing $1M in fees

NFT collection Milady exploited by developer stealing $1M in fees

3 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next leg

Bitunix Launches Super Alert Challenge With 10,000 USDT in Rewards

Mark Zuckerberg Meta AI Predicts Bitcoin Price by The End of 2026

Shutdown Odds Sink, but December Still Hangs Over Bitcoin

XRP Price Prediction: Ripple Not Out of the Woods as it Hovers Near $1

Arthur Hayes says a $60 billion Fed cap is Bitcoin’s next liquidity trigger and needed for a price surge

Trending

Bitcoin News: Metaplanet CEO Shuts Down BTC Sale Fears
All news

Bitcoin News: Metaplanet CEO Shuts Down BTC Sale Fears

13.08.2026
0

In Bitcoin news today, BTC trades at around $63,500, down -0.6% on the day, sitting in a...

BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it

BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it

13.08.2026
Bitcoin Price Prediction: Can $63K Hold as Whales Keep Selling?

Bitcoin Price Prediction: Can $63K Hold as Whales Keep Selling?

13.08.2026
Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next leg

Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next leg

13.08.2026
Bitunix Launches Super Alert Challenge With 10,000 USDT in Rewards

Bitunix Launches Super Alert Challenge With 10,000 USDT in Rewards

13.08.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz