Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Bitcoin Pulls Back to $107K, but NYDIG Analysis Suggests Market Far From Overheated

08/07/2025

Chainlink Supercharges Katana DeFi With Live Data and Cross Chain Power

08/07/2025

Russian insurance firms launch life policies tied to Bitcoin ETFs

08/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin Pulls Back to $107K, but NYDIG Analysis Suggests Market Far From Overheated

    08/07/2025

    Bitcoin’s $95K-$105K Range in Focus as $10B BTC Options Expiry Looms

    08/07/2025

    Adam Back Said It’s Still Early For the Retail Investors To Buy Bitcoin

    08/07/2025

    Bitcoin Whales Seem to Be Calling a Top as BTC Price Consolidates

    08/07/2025

    Ethereum (ETH) Price Prediction for July 5

    08/07/2025

    Bitmine rallied to over $135 after announcing ETH treasury

    08/07/2025

    92,873 Ethereum in 10 Minutes, What’s Going On?

    08/07/2025

    What to Expect for Bitcoin (BTC) and Ethereum (ETH) in July? Will There Be a Big Rise? Analyst Explains!

    08/07/2025

    Why the BlackRock XRP ETF Might Not Be What Investors Hoped For

    08/07/2025

    Here’s Where XRP Really Fits Into ISO 20022

    08/07/2025

    10 days until TRUMP’s dinner; Here are the leaders

    08/07/2025

    What to expect in the week ahead for the altcoin market: KAITO, STX and more

    08/07/2025

    What are Floki’s Flokitars?

    07/07/2025

    Top NFTs Trending Today, Courtyard Leading the Pack

    06/07/2025

    NFT Market Sees Recovery, Records 17.23% in Weekly Sales, Guild of Guardians Leads Sales with $29.61 Million

    05/07/2025

    You Can Buy a Martian Meteorite With Bitcoin—If You Have Upwards of $4 Million

    04/07/2025

    Bitcoin Pulls Back to $107K, but NYDIG Analysis Suggests Market Far From Overheated

    08/07/2025

    Chainlink Supercharges Katana DeFi With Live Data and Cross Chain Power

    08/07/2025

    Russian insurance firms launch life policies tied to Bitcoin ETFs

    08/07/2025

    Hyperliquid Leads DeFi Protocols in Daily Revenue, Outpacing Ethereum and Solana

    08/07/2025
  • Blockchain

    OKX Wallet Integrates peaq Network for Seamless DePIN Access

    08/07/2025

    Rewards Bunny Integrates with AIDEN to Revolutionize Web3 Engagement

    08/07/2025

    Spur Protocol and WizoLayer Join Forces to Boost Web3 Engagement Across Base Ecosystem

    08/07/2025

    Saudi Arabia Sees 51% Surge in Blockchain Business Registrations in Q2 2025

    08/07/2025

    Plume Network Brings Real-World Yield to TRON’s Global Payment Ecosystem via SkyLink Integration

    08/07/2025
  • DeFi

    Chainlink Supercharges Katana DeFi With Live Data and Cross Chain Power

    08/07/2025

    Hyperliquid Leads DeFi Protocols in Daily Revenue, Outpacing Ethereum and Solana

    08/07/2025

    Bitcoin Gets Real DeFi Access as tBTC Goes Live on Sui Network

    08/07/2025

    Falcon Finance’s Answer to “Is It Safe?”: A 116% Over-Collateralized Reserve

    08/07/2025

    Why Hyperliquid, Sui, & Avalanche Join the Top 10 List, Ethereum Maintains Lead

    08/07/2025
  • Metaverse

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025

    Mark Zuckerberg Unveils New Meta AI Lab After Poaching OpenAI Talent

    01/07/2025
  • Regulation

    Russian insurance firms launch life policies tied to Bitcoin ETFs

    08/07/2025

    Main Developer Behind Surprise Altcoin Announces $1 Billion Valuation

    08/07/2025

    BitMine Trading Halted Twice as Ethereum Treasury Firm Soars

    08/07/2025

    CRCL, BMNR, RIAs and 1000x leverage

    08/07/2025

    Circle’s stock surged 500% after its June IPO, reaching a $42 billion market cap

    08/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Alchemy Pay Unlocks Fiat Ramps for $BLUM, Powering Global Access

    07/07/2025

    Bitrue opens stock trading to the 24/7 blockchain clock, but there’s a fine print

    07/07/2025

    Arbitrum DEX Swap Volume Crosses $500B and Still Growing

    07/07/2025

    AscendEX and FXH AI Launch ‘ChainLinking Vietnam’ to Advance Web3 Compliance

    07/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Web3 Powerhouses Fabwelt and LoveBit Unite to Drive Purpose-Driven GameFi

    08/07/2025

    ‘Off the Grid’ GUN Token Expanding From Avalanche to Solana—Here’s Why

    08/07/2025

    Could ‘Reaper Actual’ be the breakout crypto shooter?

    08/07/2025

    Planetside Dev’s ‘Reaper Actual’, What’s Next for ‘MapleStory Universe’

    07/07/2025

    A Bitcoin Mining Powerhouse Emerges

    08/07/2025

    Core Scientific Cut to Neutral as CoreWeave Deal Adds Complexity: H.C. Wainwright

    08/07/2025

    Bitcoin Miner CleanSpark Produced 685 BTC in June, Hit 16.15 J/TH in Efficiency

    08/07/2025

    BitFuFu Hits 36.2 EH/s Hashrate, 728 MW Capacity in June

    08/07/2025

    Could Hong Kong Replace Singapore as a Regional Crypto Hub?

    08/07/2025

    Trump Signs Big Beautiful Bill Into Law on Independence Day

    07/07/2025

    Will Tether’s USDT Get Banned in the US When the GENIUS Act Becomes Law?

    07/07/2025

    Regulators Race to Counter US Stablecoin Grip on European Market

    07/07/2025

    Bitcoin Pulls Back to $107K, but NYDIG Analysis Suggests Market Far From Overheated

    08/07/2025

    Chainlink Supercharges Katana DeFi With Live Data and Cross Chain Power

    08/07/2025

    Russian insurance firms launch life policies tied to Bitcoin ETFs

    08/07/2025

    Hyperliquid Leads DeFi Protocols in Daily Revenue, Outpacing Ethereum and Solana

    08/07/2025
  • MarketCap
NBTC News
Home»Altcoins»Ironically, Worldcoin Isn’t Accepted All Around the World. Why?
Altcoins

Ironically, Worldcoin Isn’t Accepted All Around the World. Why?

NBTCBy NBTC15/07/2024No Comments5 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


On May 22, the Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong issued an enforcement notice to the Worldcoin Foundation, directing an immediate cessation of its cryptocurrency project operations throughout the territory. This decision arises from significant concerns regarding privacy and the safeguarding of personal data, spotlighting the controversial use of biometric data collection methods by the project.

The regulatory body specifically criticized Worldcoin for its practices involving the scanning and collection of iris and facial images of the public. The PCPD described these data collection methods as “excessive and unnecessary,” raising alarms about the potential risks these practices pose to personal privacy. Worldcoin, known for offering a digital ID and free cryptocurrency in exchange for iris scans through its “orb” devices, claims to have processed over 5 million volunteers across more than 160 countries.

Worldcoin’s Defense

Responding to the enforcement notice, the Worldcoin Foundation expressed disappointment with the PCPD’s stance. In an emailed statement, the foundation asserted its compliance with international data protection laws, including Hong Kong’s Personal Data (Privacy) Ordinance. “Worldcoin operates lawfully and is designed to be fully compliant with all laws and regulations governing data collection and use,” the foundation stated, emphasizing its adherence to legal standards.

The controversy extends beyond Hong Kong, with global regulators, particularly in Europe, also expressing apprehensions about how the collected data might be misused. Worldcoin, co-founded by OpenAI CEO Sam Altman, aims to develop a global identification and financial network, aspiring to differentiate humans from AI bots and drawing parallels with India’s Aadhaar biometric ID system. This ambitious goal has prompted a broader debate on the ethical and security implications of using biometric data on such a scale.

Kenyan Government Halts Worldcoin Registrations Amid Privacy Concerns

However Hong Kong is not only the one fighting Worldcoin as Kenyan government earlier in 2023 has issued a directive for the cryptocurrency project to halt its registration of new members. This decision arises from concerns over data protection as the project offers free cryptocurrency tokens to individuals in exchange for biometric data through eye scans.

Large numbers of Kenyans, driven by economic hardship, were queuing at Worldcoin’s pop-up registration centers. The appeal of receiving roughly $49 worth of cryptocurrency has led to crowded lines and escalated to a security concern, prompting the government to intervene.

Amid rising public participation, the Ministry of the Interior has initiated a thorough investigation into Worldcoin’s operations. This scrutiny spans the storage of biometric data, the ethical concerns of exchanging money for personal data, and the control of such data by a private entity. Furthermore, the Kenyan Capital Markets Authority has noted that Worldcoin is not a regulated entity within the country, adding to the controversy.

In response to the governmental concerns, Worldcoin has asserted its compliance with Kenyan laws and expressed its intention to collaborate with authorities to implement better crowd control measures before it can resume its operations. The company highlighted its mission to establish a global identity and financial network that is accessible regardless of geographical or socioeconomic background.

Portugal Suspends Worldcoin’s Biometric Data Collection

In another related regulatory action, Portugal’s data protection authority (CNPD) has issued a temporary ban on the Worldcoin Foundation’s collection of biometric data. Following a detailed investigation into the company’s practices, the CNPD has prohibited Worldcoin from engaging in biometric data collection for a period of 90 days. This decision, documented in CNPD’s decision No. 2024/137 dated March 26, 2024, aims to address breaches of the General Data Protection Regulation (GDPR).

The CNPD began investigating Worldcoin on August 10, 2023, after becoming aware of its extensive biometric data collection practices, including iris scans, in exchange for cryptocurrency. The inquiry revealed that Worldcoin’s activities spanned several locations within Portugal, where they processed the biometric information to create a World ID. This digital identifier is intended to serve as a global identification system. However, the CNPD’s initial findings pointed to several compliance issues, including the absence of age verification, challenges in the exercise of the right to erasure, and the collection of children’s biometrics without legal consent.

GDPR Compliance Concerns

The investigation further uncovered that Worldcoin failed to secure informed consent for processing biometric data and did not provide a mechanism for withdrawing consent, violating Articles 5(1)(a) and 13(2)© of the GDPR. Additionally, Worldcoin’s practices hindered the right to deletion as outlined in Article 17 of the GDPR and Article 7(3), which concerns the withdrawal of consent.

The CNPD’s decision to halt Worldcoin’s data collection activities highlights the potential risks to individuals’ rights and privacy. The authority has indicated that the current decision is provisional and that their investigation will conclude with a final decision in the near future. This ongoing scrutiny underlines the importance of compliance with GDPR standards, especially concerning the sensitive nature of biometric data.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Why the BlackRock XRP ETF Might Not Be What Investors Hoped For

08/07/2025

Here’s Where XRP Really Fits Into ISO 20022

08/07/2025

10 days until TRUMP’s dinner; Here are the leaders

08/07/2025

What to expect in the week ahead for the altcoin market: KAITO, STX and more

08/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Bitcoin Pulls Back to $107K, but NYDIG Analysis Suggests Market Far From Overheated

08/07/2025

Chainlink Supercharges Katana DeFi With Live Data and Cross Chain Power

08/07/2025

Russian insurance firms launch life policies tied to Bitcoin ETFs

08/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.