China’s Ministry of State Security Warns of Threat from Biometric Data Misuse
China’s Ministry of State Security (MSS) issued a warning about national security risks from biometric data misuse. The MSS highlighted foreign companies that offer cryptocurrency rewards for iris scans, referencing Worldcoin without naming it. Key points include:
- The MSS described instances of foreign firms incentivizing users to scan their irises globally.
- Concerns were raised about the transfer of biometric data abroad, impacting personal data privacy and national security.
- Worldcoin, co-founded by Sam Altman, exchanges tokens for iris scans to create a global identity network.
- The project has faced regulatory scrutiny in Germany, France, and Kenya regarding consent and data storage issues.
- The MSS noted cases of stolen facial data being used by foreign intelligence services for deepfakes.
Worldcoin's WLD token is currently priced at 93 cents, down 4% according to market data.