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🚨 Beijing Cracks Down on Crypto Iris-Scanning Amid Worldcoin Scrutiny
🇨🇳 China’s Ministry of Public Security has issued a strong warning against biometric data collection in crypto projects, signaling national concerns over privacy and security. The move comes amid rising global scrutiny of Worldcoin, co-founded by OpenAI’s Sam Altman, which rewards users with tokens in exchange for iris scans.
🔑 Key Takeaways:
▫️ Beijing cites risks of biometric data misuse, including identity theft, data leaks, and national security threats.
▫️ The warning targets foreign firms that transfer sensitive biometric data under the guise of crypto incentives.
▫️ This follows Worldcoin's global rollout of World ID, a digital identity system requiring iris scans via NVIDIA-powered Orbs.
💡 While Worldcoin pitches a future of “proof of humanness” for digital identity, China's stance reflects growing global tension between innovation, ethics, and privacy in Web3.
📊 With biometric verification becoming central to some crypto and Web3 platforms, the question looms: How do we balance digital identity, privacy, and trust in an increasingly data-driven world?
#Worldcoin #DigitalIdentity #Crypto #Biometrics #Privacy
https://coingape.com/beijing-cracks-down-on-crypto-iris-scanning-as-sam-altmans-worldcoin-faces-scrutiny/?utm_source=bnb&utm_medium=coingape
🇨🇳 China’s Ministry of Public Security has issued a strong warning against biometric data collection in crypto projects, signaling national concerns over privacy and security. The move comes amid rising global scrutiny of Worldcoin, co-founded by OpenAI’s Sam Altman, which rewards users with tokens in exchange for iris scans.
🔑 Key Takeaways:
▫️ Beijing cites risks of biometric data misuse, including identity theft, data leaks, and national security threats.
▫️ The warning targets foreign firms that transfer sensitive biometric data under the guise of crypto incentives.
▫️ This follows Worldcoin's global rollout of World ID, a digital identity system requiring iris scans via NVIDIA-powered Orbs.
💡 While Worldcoin pitches a future of “proof of humanness” for digital identity, China's stance reflects growing global tension between innovation, ethics, and privacy in Web3.
📊 With biometric verification becoming central to some crypto and Web3 platforms, the question looms: How do we balance digital identity, privacy, and trust in an increasingly data-driven world?
#Worldcoin #DigitalIdentity #Crypto #Biometrics #Privacy
https://coingape.com/beijing-cracks-down-on-crypto-iris-scanning-as-sam-altmans-worldcoin-faces-scrutiny/?utm_source=bnb&utm_medium=coingape
🔥 Worldcoin Expands to 80+ Countries Amid Controversy
Biometric ID for Web3 — innovation or dystopia?
#Worldcoin #Biometrics #Web3 #PrivacyDebate #CryptoNews #salma6422
Biometric ID for Web3 — innovation or dystopia?
#Worldcoin #Biometrics #Web3 #PrivacyDebate #CryptoNews #salma6422
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