Close Menu
    What's Hot

    Reasons Behind the Over 100% Surge in API3 Price This Week

    Aug. 20, 2025

    Lack of Altcoin Season? Diminished Global Interest in Response to Weak Market Signals

    Aug. 20, 2025

    China Considers Yuan-Backed Stablecoin to Counter Dollar Dominance: Report

    Aug. 20, 2025
    Facebook X (Twitter) Instagram
    X (Twitter) Telegram
    ETHDailyETHDaily
    Subscribe
    • Home
    • News
      • Altcoin
      • Bitcoin
      • Blockchain
      • DeFi
      • Ethereum
      • Metaverse
      • NFT
      • Regulation
    • Opinion
    • Markets
    • Featured Articles
    • All Posts
    ETHDailyETHDaily
    Home ยป Privacy watchdog alleges Worldcoin of breaching data regulations
    News Regulation

    Privacy watchdog alleges Worldcoin of breaching data regulations

    By adminMay. 22, 2024No Comments2 Mins Read
    Facebook Twitter Pinterest Reddit Telegram LinkedIn Tumblr VKontakte WhatsApp Email
    Privacy watchdog alleges Worldcoin of breaching data regulations
    Privacy watchdog alleges Worldcoin of breaching data regulations
    Share
    Facebook Twitter Reddit Pinterest Email

    Hong Kong’s privacy watchdog has determined that Worldcoin violated local privacy laws and has ordered the Worldcoin Foundation to halt all activities in the region.

    Worldcoin, a startup focused on iris biometric technology co-founded by Sam Altman, CEO of OpenAI, is facing backlash over its data collection methods in Hong Kong. A report issued by the Office of the Privacy Commissioner for Personal Data (PCPD) on May 22 revealed that the project infringed upon Hong Kong’s personal data ordinance, putting individuals’ privacy at risk due to the way the San Francisco-based startup manages biometric data.

    Privacy Commissioner Ada Chung Lai-ling stated that the collection of face and iris images by the Worldcoin project was deemed “unnecessary and excessive,” violating local regulations. The investigation discovered that Worldcoin’s data collection procedures were unfair and lacked transparency, as important documents were not available in Chinese, and participants were not adequately informed. Retaining personal data for up to a decade was also deemed excessive.

    Furthermore, Worldcoin failed to inform individuals of their rights to access and correct their data, further violating privacy laws. Consequently, the Privacy Commissioner issued an enforcement notice demanding that Worldcoin cease all operations in Hong Kong involving the scanning and collection of iris and face images of the public using iris scanning devices.

    According to the PCPD’s findings, over 8,300 individuals in Hong Kong had their biometric data scanned to receive WLD tokens, which are designed to facilitate transactions within the Worldcoin ecosystem. As of now, Worldcoin has not made any public statements regarding the situation.

    Established in 2019 by Sam Altman, Max Novendstern, and Alex Blania, Worldcoin aims to create a global digital identity platform using iris scanning technology. In May 2023, the project raised $115 million in a Series C funding round led by Blockchain Capital, with participation from Andreessen Horowitz (a16z), Bain Capital Crypto, and Distributed Global.

    For more information, Worldcoin plans to remove iris codes from World IDs upon user request.

    Share. Facebook Twitter Pinterest LinkedIn Reddit Email
    Previous ArticleWhite House Raises Concerns Over FIT21 Act
    Next Article Applicants for Ethereum ETFs file 19b4 forms

    Related Posts

    Reasons Behind the Over 100% Surge in API3 Price This Week

    Aug. 20, 2025

    Lack of Altcoin Season? Diminished Global Interest in Response to Weak Market Signals

    Aug. 20, 2025

    China Considers Yuan-Backed Stablecoin to Counter Dollar Dominance: Report

    Aug. 20, 2025

    Exclusive: Solana Acquires Native Ethereum Bridge Through Across’ Intents Model

    Aug. 20, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    The New Feudalism: The Risks of Western Civilization’s Resistance to Bitcoin Opinion

    Aug. 20, 2025293 Views

    Opinion Unlocking Crypto Wallets Without Private Keys or Seed Phrases

    Sep. 5, 202492 Views

    EU Exchanges Ditching Stablecoins Is This the End for Stablecoins

    Jun. 21, 202415 Views
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Don't Miss
    DeFi

    Reasons Behind the Over 100% Surge in API3 Price This Week

    Aug. 20, 2025

    API3 Surges 102% Following Upbit Listing API3, the native token of decentralized oracle solution…

    Lack of Altcoin Season? Diminished Global Interest in Response to Weak Market Signals

    Aug. 20, 2025

    China Considers Yuan-Backed Stablecoin to Counter Dollar Dominance: Report

    Aug. 20, 2025

    VVV Price Increases as Whales Accumulate Prior to the Launch of Venice’s Tokenized DIEM

    Aug. 20, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us
    About Us

    ETHDaily is your daily cryptocurrencies nutrition and more. Stay updated with the latest insights, developments of cryptocurrencies.

    X (Twitter) Telegram
    Most Popular

    The New Feudalism: The Risks of Western Civilization’s Resistance to Bitcoin Opinion

    Aug. 20, 2025293 Views

    Opinion Unlocking Crypto Wallets Without Private Keys or Seed Phrases

    Sep. 5, 202492 Views

    EU Exchanges Ditching Stablecoins Is This the End for Stablecoins

    Jun. 21, 202415 Views
    © 2025 ETHDaily All rights reserved.
    • Home
    • Markets
    • News
    • Opinion
    • Featured Articles

    Type above and press Enter to search. Press Esc to cancel.