China warns against submitting biometric data in return for crypto, hinting at World
Chinese authorities are warning about the dangers of sharing biometric information, such as iris data, with foreign companies in exchange for cryptocurrency, seemingly referring to the digital ID project World. The Sam Altman-founded company allows users to claim some of its WLD digital coins after scanning their irises.
Iris data are often targeted by criminals and may be collected and stolen under various pretexts, according to a social media post by the Chinese Ministry of State Security on Wednesday. Biometric data leaks not only affect personal privacy and security but also allow foreign intelligence agencies to obtain information on targets and infiltrate their workplaces, it adds.
“Public cases are showing…
