🚀🌐 Worldcoin's operations hit a snag in Hong Kong! 🛑 Privacy watchdog PCPD says the project's data collection methods are a no-go, citing violation of local privacy laws.

• Worldcoin's been gathering facial & iris biometric data - over 8,300 individuals affected.

• PCPD: 10-year data retention period for AI training is "too long" & there are less intrusive ways to prove humanness.

But it's not all doom & gloom! Billy Luedtke, CEO of 'Intuition', praises Worldcoin's efforts in the tricky task of verifying human presence in a digital world. 🌍👀

Jerry Li, CEO of Artela Network, sees this as a sign of Hong Kong's proactive stance on crypto regulation, especially data privacy. But he assures us, HK isn't anti-crypto. 🏦💪

What's your take on this? Is data privacy a deal-breaker for you in crypto? Let's chat below! ⬇️ #CryptoNews #Worldcoin #DataPrivacy