BTCC
/
BTCC Square
/
Global Cryptocurrency
/
China Flags Security Risks in Cryptocurrency-Linked Iris Data Collection
China Flags Security Risks in Cryptocurrency-Linked Iris Data Collection
20
3
BTCCSquare news:
China's Ministry of State Security has raised alarms over foreign cryptocurrency projects exchanging digital assets for biometric data, particularly iris scans. The unnamed initiative—widely speculated to be Worldcoin—reportedly poses dual threats to individual privacy and national security through potential data leakage or espionage.
Global identity verification systems collecting sensitive biological markers now face intensified scrutiny. While cryptocurrencies promise financial inclusion, the trade-off with Immutable personal data creates uncharted regulatory challenges. Market participants should monitor how this tension between innovation and sovereignty evolves in coming quarters.
By:
Previous
Toncoin (TON) Tests Critical Support at $3.182 Amid Bearish Technical Signals
Next
Vertex Pharmaceuticals Stock Plunge Creates Buying Opportunity Despite Pipeline Setbacks
