Cryptocurrency exchange Binance faces the risk of losing access to the European Union market if French regulators reject the company's application for registration under the new MiCa legislation. A major reason for this could be that Changpeng Zhao (CZ) is the sole owner of the French branch, holding 100% of its shares.
Exaion, a subsidiary of France's state-owned energy corporation EDF Group, has joined the blockchain Chiliz as a validator. This partnership is designed to enhance technological infrastructure through the expertise of a traditional company and to push the cryptocurrency industry towards ecological sustainability.
For undisclosed reasons, Worldcoin has suspended the use of its eye scanner, Orb, for biometric verification in Brazil, India, and France. According to company representatives, this decision was made to comply with regulatory requirements in these countries.
The case's key figures engineered unique encryption ransomware to launch attacks on the world's leading corporations in countries like France, Norway, Germany, the Netherlands, Canada, and the United States, with their operations dating back to 2018.
Germany's data watchdog has been scrutinizing the Worldcoin initiative since the previous year due to apprehensions concerning the extensive processing of confidential biometric information. Currently, concerns have been raised about Sam Altman's project from the United Kingdom, France, and Germany.
18 countries have developed a detailed set of guidelines on AI cyber security. Participants include the USA, UK, Canada, Italy, France, Germany, Australia, Israel, Japan, New Zealand, Nigeria, Norway, South Korea, and Singapore.
The French Data Protection Agency (CNIL) has conducted inspections at Worldcoin's Paris office due to concerns about the company's biometric data collection practices. Worldcoin, co-founded by ChatGPT CEO Sam Altman, scans users' irises in exchange for a digital ID and the promise of free cryptocurrency. The Worldcoin Foundation, incorporated in the Cayman Islands, has expressed its willingness to undergo the review and affirms its commitment to complying with regulatory requirements.