The Worldcoin Foundation expresses disappointment over Hong Kong authorities’ decision to ban its data collection efforts
On May 22nd, Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) halted Worldcoin’s data collection activities in the region. The PCPD alleged that Worldcoin’s collection of facial and iris images from over 8,000 Hong Kong residents was unnecessary and excessive. Additionally, the regulator accused Worldcoin of failing to provide adequate information to users, compromising their ability to give informed consent.
A spokesperson for Worldcoin affirmed the project’s commitment to legal compliance, including adherence to Hong Kong’s Personal Data Ordinance and similar regulations worldwide. The project aims to set high standards for privacy protection in preparation for the AI era through minimal data collection, user control over data, and advanced technological measures.
Worldcoin expressed disappointment that the Hong Kong regulators failed to consider these privacy advancements before imposing a ban on the project. The ongoing controversy has led to significant losses for the WLD token, dropping about 5% in the past 24 hours to $4.86. This decline mirrors a broader market trend, with major digital assets also seeing losses exceeding 2% during the same period.
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