Odaily News According to official news, WorldCoin issued a statement saying that it operates legally in all locations where it provides services, and its design fully complies with all laws and regulations governing data collection and data transfer, including Europe’s General Data Protection Regulation (“GDPR”) and Argentina’s Personal Data Protection Law 25.326 (Ley de Protección de los Datos Personales), etc. In the EU, the project is also overseen by the Bavarian State Data Protection Supervisory Office (Bayerisches Landesamt für Datenschutz). WorldCoin also said that its foundation is actively open-sourcing, providing full visibility and access to all key components of the project, but will never purchase or exchange iris biometric technology.