South Korea Probes Worldcoin Amid Privacy Concerns

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Cointime2024/03/04 08:27

By:Cointime

South Korea's Personal Information Protection Commission (PIPC) is investigating Worldcoin (WLD) over concerns about the collection and processing of personal information, particularly related to facial and iris recognition. The investigation has raised questions about the project's data collection practices and regulatory compliance, sparking discussions in the cryptocurrency community and broader technology sector. Worldcoin's price has been impacted by the news, with a slight retreat observed after an initial 9% surge in the last 24 hours. The investigation highlights the potential risks associated with regulatory compliance and privacy concerns in the cryptocurrency market.

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