• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

China Warns About Biometric Data Collection for Cryptocurrency

user avatar

by Giorgi Kostiuk

2 hours ago


China’s Ministry of State Security has expressed concerns over the practice of collecting biometric data for cryptocurrency, highlighting potential threats to personal privacy and national security.

Warning About Data Collection

On Wednesday, the Ministry of State Security (MSS) issued a warning on its official WeChat account, pointing to a global operation where users were offered crypto tokens in exchange for scanning their irises. The agency noted that the biometric data was later transferred overseas, raising alarms about potential misuse.

Controversy Surrounding Worldcoin

The ministry did not name the company, but its description closely aligns with Worldcoin, the controversial crypto project co-founded by OpenAI CEO Sam Altman. Worldcoin, recently rebranded as 'World', has come under regulatory scrutiny in multiple countries for its use of biometric data. The MSS warned that 'some foreign companies use the lure of digital currency to collect and export sensitive biometric data on a large scale.'

Consequences and Project's Future

So far, over 12.5 million people across more than 160 jurisdictions have received a World ID, a digital credential tied to their biometric data. The project aims to provide 'proof of personhood' in an increasingly AI-saturated internet. However, the path forward is fraught with difficulties, as the project faces concerns regarding privacy, data storage, and lack of informed consent.

China's warning highlights the growing concerns over the use of biometric data and its potential vulnerabilities to foreign intelligence services, raising questions about the future of projects like Worldcoin.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Tothemoon Announces Listing of TAC ($TAC) with 0% Trading Fees

chest

New token TAC ($TAC) is now trading on Tothemoon with zero fees. Learn more about the token's functionality.

user avatarGiorgi Kostiuk

Crypto Experience: Bitget Initiates Youth Activation in 2025

chest

Crypto Experience Month by Bitget kicks off in August 2025, inviting youth to learn about cryptocurrency through hands-on experiences.

user avatarGiorgi Kostiuk

Cryptocurrency Prices Hit Hard Amid Market Pressure

chest

The cryptocurrency market is experiencing a downturn, with a market cap of $3.71 trillion and decreased trading activity. Bitcoin and several altcoins show diverse trends.

user avatarGiorgi Kostiuk

Tao Synergies: An Important Move in AI and Crypto with TAO Tokens

chest

Tao Synergies announces significant investments in TAO tokens, highlighting its strategic commitment to the future of AI and crypto technologies.

user avatarGiorgi Kostiuk

KakaoBank Prepares to Enter South Korea's Stablecoin Sector: Latest Updates

chest

KakaoBank is planning to enter the South Korean stablecoin market, evaluating various digital asset options.

user avatarGiorgi Kostiuk

XRP at Risk of Decline: Key Support at $2.65

chest

XRP faces a risk of decline at the crucial $2.65 support level, with a potential drop to $2.19 looming.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.