Chinese authorities have issued a fresh warning over what they describe as a growing national security risk involving foreign cryptocurrency firms collecting biometric data.
According to state-affiliated outlet Weixin, the Ministry of State Security (MSS) cautioned the public against participating in crypto-related schemes that offer digital tokens in exchange for iris scans.
The agency warned that these efforts could compromise both individual privacy and national data security by funneling sensitive biometric information abroad.
Although no specific company was named, observers believe the statement indirectly targets Worldcoin, a controversial crypto identity project co-founded by OpenAI CEO Sam Altman.
Worldcoin encourages users to verify their identity by scanning their irises using a proprietary device called the “Orb,” rewarding them with crypto for participation.
The Chinese government, which maintains a strict stance against cryptocurrency trading and issuance, appears particularly concerned about biometric data being harvested under the guise of decentralized tech.
The MSS did not say whether further enforcement actions are planned, but the warning adds to China’s already aggressive posture toward foreign crypto initiatives.
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Source: https://coindoo.com/china-warns-against-iris-scanning-crypto-projects-amid-privacy-concerns/