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The Hong Kong Privacy Office has issued an enforcement notice to Worldcoin, and the Worldcoin Foundation has yet to disclose whether it complies with the ruling

The Hong Kong Privacy Office has issued an enforcement notice to Worldcoin, and the Worldcoin Foundation has yet to disclose whether it complies with the ruling

Bitget2024/05/24 04:13
WLD+0.17%

Golden Finance reported that according to the South China Morning Post, the Hong Kong Office of the Privacy Commissioner for Personal Data completed its investigation into the Worldcoin "World Coin" project and emphasized on Thursday that it had issued an enforcement notice to Worldcoin, but Worldcoin did not disclose whether it would comply with the supervision. agency’s ruling and whether to suspend biometric data collection activities in Hong Kong or address participants’ concerns. The Cayman Islands-based Worldcoin Foundation, the backing body behind Worldcoin, said it was disappointed with the Hong Kong regulator’s view, saying its operations are legal and designed to comply with laws and regulations on data collection and use in Hong Kong and many other markets. "Unfortunately, Hong Kong has neglected these aspects when evaluating the human verification process.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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