Worldcoin, a blockchain-based digital identity and currency project, is under investigation by multiple countries for its collection of biometric data. Concerns regarding privacy and data protection have led to suspensions and inquiries in nations such as Kenya, Spain, and Portugal, highlighting the regulatory challenges facing blockchain initiatives.
CROFAM SOCIAL NETWORK
Brussels, Belgium – A new regulatory battle is brewing between the United States and the European Union over the EU’s Digital Markets Act (DMA), which targets large tech platforms.
Key Points:
• U.S. lawmakers argue the DMA disproportionately impacts American companies like Google, Apple, and Meta.
• The EU insists the law is not anti-American but designed to promote fair competition.
• The Biden administration is considering retaliatory trade measures.
Why It Matters:
This dispute could impact global tech regulation and shape how digital markets operate worldwide.
Crofam Technology Alerts US and EU Face Off Over Big Tech Regulation