based on materials from the site - By Coincu
On August 6, 2025, the Ministry of State Security of China published a warning on WeChat about the risks associated with biometric data coming from a foreign company related to the distribution of cryptocurrency tokens.
This warning highlights concerns regarding personal and national security, affecting the perception of cryptocurrencies and requiring close attention to biometric data collection practices worldwide.
China's concerns about iris data collection by Worldcoin
The Ministry of State Security of China emphasized the potential danger of allowing foreign organizations to collect biometric data. These actions are perceived as direct surveillance by Worldcoin, co-founded by Sam Altman, known for offering cryptocurrency tokens in exchange for iris scans. Users are strongly advised to exercise caution regarding their biometric information due to inherent privacy risks. Biometric data is irreversible, so its protection is critically important. As the Ministry of State Security warns: 'Carefully verify the legitimacy of any entity requesting biometric data, and... avoid disseminating such information without extreme necessity.'
The notice also emphasizes the irreversible nature of exchanging biometric data. Vitalik Buterin, co-founder of Ethereum, previously warned about privacy-focused digital identification systems. However, neither Worldcoin nor Altman has publicly responded to these accusations, leading to a gap in leadership response on these issues.
Community reactions include concerns about potential misuse of biometric data. Discussions on platforms like Twitter point to the risks of 'irreversible violations,' although no official responses have come from Worldcoin. Global regulators and industry experts have not issued new recommendations, largely representing a national security warning.
Worldcoin is under close scrutiny amid international privacy issues
Did you know? Concerns over data privacy have led to Worldcoin being under close scrutiny and temporary bans in several countries, including the EU and Kenya, from 2023 to 2024.
Currently, Worldcoin (WLD) is trading at $0.94, with a market capitalization of $1.73 billion, and a daily trading volume of $177.07 million, which is 10.25% less than yesterday. Over the past 60 days, the price of Worldcoin has fallen by 17.04%, reflecting market volatility. Source: CoinMarketCap.
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