Hong Kong Privacy Regulator Orders Worldcoin to Cease Operations Over Data Protection Violations

Hong Kong's privacy commissioner has found that Worldcoin violated the territory's data-protection principles and has ordered the company to cease all operations in Hong Kong related to iris scanning and collecting of personal data. The investigation into Worldcoin began in December 2023 and the enforcement notice was issued on Wednesday. The Worldcoin token has dropped 1.2% over 24 hours to $5.01 following the announcement. The project has also faced privacy concerns in Kenya and has been suspended there.