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China’s Iris Scan Crypto Crackdown: Worldcoin in the Crosshairs as Regulators Issue Red Alert

China’s Iris Scan Crypto Crackdown: Worldcoin in the Crosshairs as Regulators Issue Red Alert

Published:
2025-08-06 08:00:00
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Beijing draws a hard line on biometric data—and Sam Altman's crypto project just became its prime target.

When surveillance states get spooked, you know privacy tech has hit a nerve. China's latest warning shot across the bow of iris-scanning cryptocurrencies lands as Worldcoin's orb-operated ID system keeps expanding—right into a geopolitical minefield.

The biometric gold rush hits a firewall

No government tolerates competition in the identity verification game, least less one that's perfected social credit scoring. Worldcoin's promise of 'global proof-of-personhood' now faces its ultimate stress test: a superpower that views decentralized ID as an existential threat.

Regulators always follow the data trail

For all the talk of Web3 disrupting Big Tech, here's the reality check: when you're collecting eyeball scans at shopping malls, you're playing in the same league as Alibaba's smile-to-pay systems—just without the Politburo's blessing.

Another 'decentralized' project learning the hard way that when China says 'jump,' even crypto founders ask 'how high?' on the way up.

China’s Ministry of State Security has warned the public about a growing risk linked to the “Iris Scan Crypto”... Read More

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