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European regulators scrutinize Worldcoin Crypto project over eye scan verification

Less than a week after its launch, the Worldcoin crypto project, led by OpenAI CEO Sam Altman, is facing scrutiny from European regulators concerning…

European regulators scrutinize Worldcoin Crypto project over eye scan verification
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Less than a week after its launch, the Worldcoin crypto project, led by OpenAI CEO Sam Altman, is facing scrutiny from European regulators concerning its use of eye scans to verify user identity. France’s data protection agency, CNIL, revealed on Friday that it has concerns about the collection of biometric data by Worldcoin’s identification system. […]

The post European regulators scrutinize Worldcoin Crypto project over eye scan verification appeared first on StartupNews.fyi.

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WHY IT MATTERS

France’s data protection agency, CNIL, revealed on Friday that it has concerns about the collection of biometric data by Worldcoin’s identification system.

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WHAT TO WATCH NEXT

  • […] The post European regulators scrutinize Worldcoin Crypto project over eye scan verification appeared first on StartupNews.fyi.
  • Track follow-on funding and execution.
  • Watch customer and market adoption.

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