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

Crypto Faces ‘Very Bad News’ as CLARITY Act Vote Risks Delay

08/09/2026

RWA perpetual futures trading breaks to new $2T quarterly record as Q3 winds down

08/09/2026

Why is crypto down today? Bitcoin ETF inflow streak ends with $225M in outflows

08/09/2026
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

    Why is crypto down today? Bitcoin ETF inflow streak ends with $225M in outflows

    08/09/2026

    Bitfinex Showcases Bitcoin‑Native Infrastructure With Ark’s First Live Implementations

    08/09/2026

    Hupzy Sees Major Bitcoin Movement as Mt. Gox Transfers 10,608 BTC

    08/09/2026

    Why an $18.4 Billion Target Is Not an Overstatement

    08/09/2026

    Ethereum Price Teases Breakout as Bulls Eye a Violent Move

    08/09/2026

    How Bitmine could surpass its 5% Ethereum goal without buying more ETH

    08/09/2026

    Buterin Teases Major Advances in Ethereum Transaction Formats

    08/09/2026

    Ethereum developers unlock new use for EIP-8141 frames

    08/09/2026

    The Truth Turned Out to Be Very Different

    08/09/2026

    The Most Searched Altcoins in Recent Hours Have Been Revealed

    08/09/2026

    XRP Hits $0.9 as Whales Continue to Offload Tokens on Binance

    08/09/2026

    AI Agents Log 2,000,000 XRP Ledger Transactions to Move Just $7,400: Why XRP Needs Trillions

    08/09/2026

    NFT sales surge 55.6% as BNB Chain overtakes Ethereum for first time

    06/09/2026

    OpenSea Users Demand ETH/USD Switcher Amid Frustration

    05/09/2026

    Kento’s Digital Art Cards Hit 2,000% of Kickstarter Goal in 24 Hours

    04/09/2026

    Cardano Founder Criticizes TapTools Relaunch

    03/09/2026

    Crypto Faces ‘Very Bad News’ as CLARITY Act Vote Risks Delay

    08/09/2026

    RWA perpetual futures trading breaks to new $2T quarterly record as Q3 winds down

    08/09/2026

    Why is crypto down today? Bitcoin ETF inflow streak ends with $225M in outflows

    08/09/2026

    Aave Risk Stewards Propose New Caps and USDe Rates Across V3

    08/09/2026
  • Blockchain

    Pencil Finance completes $1M onchain lending cycle for 6.6K students in Southeast Asia

    08/09/2026

    Nearly $10 million must escape a dying Ethereum L2 network before New Year’s Eve or risk becoming unrecoverable

    08/09/2026

    Scalable Blockchains to Form the Backbone of Digital Economies

    08/09/2026

    Circle Extends CCTP to Native EURC Transfers

    08/09/2026

    Beezie Announces Partnership with Solana to Tokenize Luxury

    08/09/2026
  • DeFi

    Aave Risk Stewards Propose New Caps and USDe Rates Across V3

    08/09/2026

    Morpho Expands Fixed-Rate Midnight Markets to Ethereum

    08/09/2026

    Three DeFi projects face possible exclusion from future Arbitrum DAO programs

    08/09/2026

    CopperHQ Highlights DeFi’s Shift Toward Institutional

    08/09/2026

    Aave’s Avalanche Deposits Surge to $20M, Reported by Token

    08/09/2026
  • Metaverse

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026
  • Regulation

    Bitfinex Reveals Higher Yield on Tokenised US Treasury Bill

    08/09/2026

    Tom Lee’s GRNY Fund Makes MSTR Its Top Holding Before 46% Jump

    08/09/2026

    Félix lands $200M, Cari raises $32.5M

    08/09/2026

    What Do This Week’s Economic Data from the U.S. Mean? Will There Be an Interest Rate Hike?

    08/09/2026

    The New RWA Meme Coin Meta Has TradFi CEOs Furious

    08/09/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    RWA perpetual futures trading breaks to new $2T quarterly record as Q3 winds down

    08/09/2026

    Jupiter Adds Gacha Trading Card Feature Directly Inside Its Mobile App

    08/09/2026

    OKX Announces Streamlined Looping Strategies for Wallet Users

    08/09/2026

    Raydium LaunchLab adds support for any token pair on Solana

    08/09/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

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

    22/01/2025

    Top 12 NFT games every player should know about in August 2026

    19/08/2026

    GameShame Studios founder details Raijin Protocol’s roadmap in NeoPod’s sixth AMA

    13/08/2026

    How BC.GAME is turning players into stakeholders

    04/08/2026

    YGG Play Shuts Down Services as Yield Guild Pivots to AI Data

    01/08/2026

    Bitcoin miner burns through millions in BTC to buy compute, but new coins are not returning to treasury

    08/09/2026

    Bitcoin miner called $5.68 cost for 50 BTC a loss

    08/09/2026

    Massive Illegal Crypto Mining Farm Busted in Mexico

    08/09/2026

    $30 Billion AI Pivot Causes Bitcoin Miners to Freeze All Sales

    08/09/2026

    Crypto Faces ‘Very Bad News’ as CLARITY Act Vote Risks Delay

    08/09/2026

    Effective altruism is back with an ‘anti AI’ campaign

    08/09/2026

    More suspects arrested in Poland over Zonda crypto collapse

    08/09/2026

    CLARITY Act faces delay as House cuts September sessions

    08/09/2026

    Crypto Faces ‘Very Bad News’ as CLARITY Act Vote Risks Delay

    08/09/2026

    RWA perpetual futures trading breaks to new $2T quarterly record as Q3 winds down

    08/09/2026

    Why is crypto down today? Bitcoin ETF inflow streak ends with $225M in outflows

    08/09/2026

    Aave Risk Stewards Propose New Caps and USDe Rates Across V3

    08/09/2026
  • 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

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

The Truth Turned Out to Be Very Different

08/09/2026

The Most Searched Altcoins in Recent Hours Have Been Revealed

08/09/2026

XRP Hits $0.9 as Whales Continue to Offload Tokens on Binance

08/09/2026

AI Agents Log 2,000,000 XRP Ledger Transactions to Move Just $7,400: Why XRP Needs Trillions

08/09/2026
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

Crypto Faces ‘Very Bad News’ as CLARITY Act Vote Risks Delay

08/09/2026

RWA perpetual futures trading breaks to new $2T quarterly record as Q3 winds down

08/09/2026

Why is crypto down today? Bitcoin ETF inflow streak ends with $225M in outflows

08/09/2026
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.