Hong Kong regulator directs Worldcoin to cease operations citing privacy concerns

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

A Hong Kong regulator on Wednesday served an enforcement notice to Worldcoin Foundation directing it to cease all operations of the cryptocurrency project in the country, citing risk to privacy and personal data.

Stickers handed out to people who signed up for WorldCoin are seen at a sign-up site in Shoreditch, East London, Britain July 24, 2023. REUTERS/Elizabeth Howcroft/File Photo

The Office of the Privacy Commissioner for Personal Data added that Worldcoin should stop scanning and collecting iris and face images of the public using its devices. It also dubbed the data collection as"unnecessary and excessive."More than 5 million people in over 160 countries have signed up to have their irises scanned by Worldcoin's"orb" devices, according to its website. But the project has drawn criticism over the collection, storage and use of personal data.

Worldcoin, co-founded by OpenAI CEO Sam Altman, says its aim is to create a global identity and financial network akin to India's Aadhaar biometric ID system, suggesting on its website a variety of ambitious use cases, including distinguishing people from artificial intelligence bots. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.

Source: Digital Coin News (digitalcoinnews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong court bans protest song Glory To Hong KongPenned anonymously, its lyrics include the slogan “Liberate Hong Kong, revolution of our times”.
Source: straits_times - 🏆 5. / 69 Read more »

Hong Kong court bans protest anthem, says it can be used as weaponHONG KONG — Hong Kong's Court of Appeal on Wednesday (May 8) granted an application by the government to ban a protest anthem called Glory to Hong Kong, overturning a lower court judgement that had rejected such a ban because of its possible 'chilling effects' on free speech. The ruling comes amid what critics say is an erosion in Hong...
Source: asiaonecom - 🏆 10. / 59 Read more »

May 22 Hong Kong (Happy Valley) form analysisRace 1 (2,200m) 4 Go Go Go is ever so close to a first win. He narrowly missed last start and a replication of that run will see him take some beating. He is the clear top pick, especially with Zac Purton retaining...
Source: thenewpaper - 🏆 7. / 63 Read more »

Hong Kong singer Alex To holds concert at Taipei Arena for first timeHong Kong actor-singer Alex To fulfilled a dream on May 18, performing at the Taipei Arena for the first time as part of his Get Up World Tour. “This concert at the Taipei Arena was held 30 years after my last performance at Taipei Municipal Stadium in 1993,” he...
Source: thenewpaper - 🏆 7. / 63 Read more »

May 19 Hong Kong (Sha Tin) form analysisRace 1 (1,200m) 11 Great Days slots in light. He will be fighting out the finish if he can offset the awkward draw. 3 Mr Good Vibes has been racing off a dangerous mark for quite some time....
Source: thenewpaper - 🏆 7. / 63 Read more »

Chinese property developer Country Garden's Hong Kong liquidation hearing adjournedHONG KONG: A Hong Kong court adjourned to Jun 11 a hearing of a petition on Friday (May 17) seeking liquidation of Country Garden, providing a breather to the embattled Chinese developer amid B
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »