Main to remember
China warns against cryptographic projects that are looking for biometric data, citing a threat to national security. The Ministry of State Security urged the public to report such suspicious activities.
China has issued a warning against IRIS scanning projects and other personal data collection projects such as a threat to national security.
In a statement On WeChat, the Chinese Ministry of State Security (MSS) has made a veiled threat to Worldcoin (WLD)-The iris scan operations. Part of the message translates lu,
“A certain company abroad used the pretext of the emission of cryptocurrency tokens to scan and collect information from Iris of users worldwide, then transfer the data source …”
The state added that the face, the fingerprint, the iris, the recognition of the approach and other key biometric identification technologies as crucial in the digital age.
However, they are also subject to confidentiality, data flight and national security risks. As such, the ministry urged citizens to report any collection of suspicious biometric data at the National Security Agency.
Worldcoin Woes
Worldcoin is the most renowned project of space that seeks to differentiate humans from AI robots in a post-agi era (artificial general intelligence).
We already have AI Deepfake platforms like Omnihuman, which improve every day.
With the expected proliferation of AI agents doing everything, purchases from travel assistants, it will become more difficult to separate robots from real humans.
This is what Worldcoin’s humanity layer seeks to solve by scanning unique human identifiers. To this end, the project offered WLD, its native token, as an incentive for users to subject their biometric data.
But several countries and jurisdictions have prohibited their sweeping activities, including Kenya, Brazil, Spain, Portugal and Hong Kong.
As such, although it is not directly targeted in Worldcoin, this could be an implicit warning and any similar cryptography project.
That said, WLD fell 5% following the declaration on August 5. It was not clear if the decline was linked to the Chinese update because there was also a wider sale between the actions.
Source: WLD / USDT, tradingView
Meanwhile, there have been several rumors on a new ban on the cryptography of personal property, in particular Bitcoin (BTC).
However, Ambcrypto find Zero proof to verify these complaints. This suggests that the false new coordinates could have been a manipulation tactic.
He could have aimed to reduce prices and offer reduced market prices for certain cryptocurrencies.
At the time of the press, the BTC exchanged $ 114,000, or about 7% against recent heights greater than $ 120,000.
