Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.
The regulator has been investigating Worldcoin since December and said it wants the company to cease operations.
Worldcoin's iris scanning and identification operations contravene Hong Kong's data protection principles, the Privacy Commissioner for Personal Data said Wednesday. "The Privacy Commissioner has served an enforcement notice on Worldcoin Foundation, directing it to cease all operations of the Worldcoin project in Hong Kong in scanning and collecting iris and face images of members of the public using iris scanning devices,"The commission, an independent statutory body, started an investigation into into the iris biometric cryptocurrency project in December following privacy concerns.
"Worldcoin confirmed that there were 8,302 individuals with their faces and irises scanned for verification during its operation in Hong Kong," the statement said.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
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