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Ouch! Hong Kong Bans Worldcoin Over Privacy Concerns Hong Kong regulators have ordered Worldcoin to cease its operations, citing major privacy violations. The key points raised in the ban are: - Privacy Violations: Hong Kong’s Privacy Commissioner for Personal Data (PCPD) claims Worldcoin collected excessive biometric data—iris and face scans—without proper consent or transparency. - Immediate Action: Worldcoin must stop all operations in Hong Kong immediately. Citizens are urged to report any continued activity. - Unnecessary Data Collection: Authorities state that verifying someone's humanity didn't require face or iris scans. Operators could verify participants without invasive data collection. - Worldcoin's Defense: Worldcoin, launched in 2022 by Tools For Humanity and co-founded by OpenAI CEO Sam Altman, aims to combat bots by confirming users' identities with controversial iris scanners. - Global Reach: The project claims over 10 million users in 160 countries, with 5 million verified through its Orbs. - Security Concerns: The PCPD warns that any misuse of biometric data could have serious consequences. - Open Source Move: In response to privacy concerns, Worldcoin recently open-sourced its technology on GitHub to promote transparency and trust. In light of the ban, Worldcoin's WLD token has fallen 2% today. #ETHETFS #PEPE‏ #altcoins #buythedip #BTC $WLD

Ouch! Hong Kong Bans Worldcoin Over Privacy Concerns

Hong Kong regulators have ordered Worldcoin to cease its operations, citing major privacy violations.

The key points raised in the ban are:

- Privacy Violations: Hong Kong’s Privacy Commissioner for Personal Data (PCPD) claims Worldcoin collected excessive biometric data—iris and face scans—without proper consent or transparency.

- Immediate Action: Worldcoin must stop all operations in Hong Kong immediately. Citizens are urged to report any continued activity.

- Unnecessary Data Collection: Authorities state that verifying someone's humanity didn't require face or iris scans. Operators could verify participants without invasive data collection.

- Worldcoin's Defense: Worldcoin, launched in 2022 by Tools For Humanity and co-founded by OpenAI CEO Sam Altman, aims to combat bots by confirming users' identities with controversial iris scanners.

- Global Reach: The project claims over 10 million users in 160 countries, with 5 million verified through its Orbs.

- Security Concerns: The PCPD warns that any misuse of biometric data could have serious consequences.

- Open Source Move: In response to privacy concerns, Worldcoin recently open-sourced its technology on GitHub to promote transparency and trust.

In light of the ban, Worldcoin's WLD token has fallen 2% today.

#ETHETFS #PEPE‏ #altcoins #buythedip #BTC $WLD

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