Hong Kong Privacy Authorities Order Worldcoin to Cease Operations

Hong Kong\'s privacy regulator has ordered Worldcoin Foundation to cease all operations of its cryptocurrency project in the city, citing risks to privacy and personal data. This action follows a thorough investigation by Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD).

PCPD Serves Enforcement Notice to Worldcoin

Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has served an enforcement notice to Worldcoin, a crypto project co-founded by OpenAI’s CEO Sam Altman. The notice demands an immediate halt to Worldcoin\'s data collection practices in the region.

Worldcoin Violated Hong Kong\'s Data Protection Principles

The investigations revealed that Worldcoin violated Hong Kong\'s data-protection principles, the territory\'s privacy commissioner said. The privacy agency said it has instructed Worldcoin to cease all operations in Hong Kong.

Key Findings of the Worldcoin Investigation

Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has released the findings from its investigation into Worldcoin (WLD). The investigation, which began in December, focused on the company\'s practices of collecting biometric data.

Risks to Privacy and Personal Data

The regulator has been investigating Worldcoin since December. A central concern is that the face and iris images collected by Worldcoin were “unnecessary," potentially exposing individuals to unacceptable risks. The enforcement notice reflects the PCPD\'s commitment to safeguarding citizens\' personal information.