hina’s Ministry of State Security has again warned that biometric iris scanning incentivized by crypto tokens—similar to Worldcoin’s approach—poses significant national security and privacy risks. The concerns focus on potential misuse of biometric data abroad and the risk of foreign surveillance, impacting Worldcoin’s token price, which dropped by 4%. Concurrently, Binance founder Changpeng “CZ” Zhao has filed a motion to dismiss a $1.76 billion clawback lawsuit filed by the FTX bankruptcy trust, arguing jurisdictional and procedural deficiencies. Meanwhile, SBI Holdings in Japan has made notable strides by filing dual ETFs that combine Bitcoin and XRP, as well as crypto-gold hybrid products, signaling institutional acceptance and growing regulatory support in Asia.