COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Hong Kong Privacy Commissioner Raids Worldcoin Stores Over Data Concerns
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > Hong Kong Privacy Commissioner Raids Worldcoin Stores Over Data Concerns
Altcoin News

Hong Kong Privacy Commissioner Raids Worldcoin Stores Over Data Concerns

In Brief

  • Hong Kong's PCPD raided six Worldcoin stores after an investigation.

  • Worldcoin's practices may violate Personal Data Privacy Ordinance (PDPO).

  • PCPD warns public about risks of sharing biometric data with such projects.

COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE
The Personal Data Privacy Commission (PCPD) of Hong Kong, as part of its investigation, conducted operations on six Worldcoin (WLD) verification zones in Hong Kong through a court order. Following the operation, it was stated that Worldcoin poses serious personal data privacy risks and may be violating the Personal Data Protection Law (KVKK).

PCPD Issues Warning on Worldcoin

Last year, the cryptocurrency project Worldcoin, co-founded by Sam Altman, CEO of ChatGPT’s parent company OpenAI, was launched. It has continued to stir privacy debates. Like many other parts of the world, it was made available to Hong Kong residents last year. In return for completing iris scanning and registration, users in the region began receiving a reward of 25 WLD tokens. Following today’s court-ordered operation on six Worldcoin verification zones by the PCPD, the project’s future in China’s special administrative region is being questioned.

The PCPD entered six Worldcoin verification zones with a court decision under the KVKK and conducted investigations, requesting various documents and information from the relevant parties. The agency reported that Worldcoin’s operations in Hong Kong pose serious personal data privacy risks, suggesting that the collection and processing of sensitive personal data by the organization may violate KVKK. Officials have taken the initiative to start an investigation into Worldcoin in accordance with procedures established by the PCPD to protect personal data privacy.

PCPD’s Loretta Chung Urges Public Caution

Loretta Chung from PCPD invited the public to be cautious about projects like Worldcoin, advising them to be vigilant in protecting their sensitive personal data and not to participate in activities that collect sensitive personal information such as iris scans indiscriminately. She emphasized the importance of being aware of the risks before giving out biometric data.

The PCPD highlighted that iris information is usually a unique and immutable type of biometric data that can be considered sensitive personal data. In Hong Kong, any person or organization collecting, holding, processing, or using personal data as a data user must comply with the requirements of KVKK and the relevant data protection principles.

Worldcoin’s Operations Prompt Official Response

According to Worldcoin’s introduction, the project’s primary goal is to use Blockchain technology to establish a digital identity and digital currency asset system that includes a global identity (World ID), a currency (World Coin), and an electronic wallet (World App) linking identity and currency.

For people to participate in the project, iris scanning is required. This has drawn the attention of officials in various regions due to KVKK, raising concerns about compliance and privacy.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

ApeCoin doubles in price with 100 percent surge today

370 million tokens burned as PUMP jumps 15 percent

Pump coin surges 15 percent after $370 million token burn

BTC drops below 76,000 dollars ahead of Fed decision

ETH sees $75 million outflow as BTC ETF inflows hit $222 million

COINTURK NEWS 2 February, 2024 - 12:58 pm 31 January, 2024 - 2:36 pm
Share This Article
Facebook Twitter
Share
Previous Article Sui Blockchain Achieves Major Milestone in DeFi Sector
Next Article How to Buy Power Ledger Coin?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Shinhan Card and Solana test stablecoin payments in new pilot
Solana (SOL)
BTC nears $80,000 as resistance triggers market shakeup
Cryptocurrency News
800 billion SHIB moved as mega whale awakens
Shiba (SHIB)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?