Worldcoin Operations Violate Privacy and Should Cease

Worldcoin Operations Violate Privacy and Should Cease, Hong Kong Regulator Says

Worldcoin’s iris scanning and identification operations contravene Hong Kong’s data protection principles, the Privacy Commissioner for Personal Data (PCPD) said Wednesday.
“The Privacy Commissioner has served an enforcement notice on Worldcoin Foundation, directing it to cease all operations of the Worldcoin project in Hong Kong in scanning and collecting iris and face images of members of the public using iris scanning devices,” PCPD said in its statement.
Worldcoin’s token WLD has dropped 1.2% over 24 hours to $5.01, according to CoinGecko data.
The commission, an independent statutory body, started an investigation into into the iris biometric cryptocurrency project in December following privacy concerns. It carried out 10 visits between December 2023 to January 2024 across six premises that were involved in the operation of the project.
“Worldcoin confirmed that there were 8,302 individuals with their faces and irises scanned for verification during its operation in Hong Kong,” the statement said.
The project, which has come under scrutiny from legislators across the world, has also been suspended in Kenya owing to privacy concerns.
Edited by Sheldon Reback.

Disclosure
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.