Republic of Korea: Personal Information Protection Commission issued fine of KRW 720 million against Worldcoin over violation of Personal Information Protection Act
Description
Personal Information Protection Commission issued fine of KRW 720 million against Worldcoin over violation of Personal Information Protection Act
On 26 September 2024, the Personal Information Protection Commission of South Korea issued a ruling imposing a fine of KRW 720 million and KRW 379 million against Worldcoin Foundation and Tools for Humanity Corporation respectively for violating the…
Scope
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
data protection authority
Complete timeline of this policy change
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2024-02-29
under deliberation
2024-09-26
in force