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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageCryptoSlate
May 23, 2024

Worldcoin ‘disappointed' with Hong Kong ban as WLD drops 5%

The Worldcoin Foundation expressed disappointment over Hong Kong authorities' decision to ban its data collection efforts due to alleged privacy violations, according to a May 23 statement shared with CryptoSlate. On May 22, Hong Kong's Office of the Privacy Commissioner for Personal Data (PCPD) halted Worldcoin's data collection activities in the region.

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cover-imagePYMNTS
May 22, 2024

Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong

Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Hong Kong's Office of the Privacy Commissioner for Personal Data (PCPD) said in a Wednesday (May 22) press release that it has directed the organization to stop scanning and collecting iris and face images of members of the public.

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cover-imageThe Currency Analytics
May 22, 2024

Worldcoin Ordered to Cease Operations in Hong Kong Over Biometric Data Collection

Hong Kong's Office of the Privacy Commissioner for Personal Data (PCPD) has issued a cease and desist order to Worldcoin, directing the cryptocurrency project to suspend all operations within the region. The enforcement action comes in response to a damning inquiry that uncovered flagrant violations of the Personal Data (Privacy) Ordinance (PDPO), raising alarming concerns about the handling of biometric data and its implications for citizens' privacy rights.

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