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Market
Will Worldcoin modify data collection practices globally by mid-2025?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Public statements or regulatory filings by Worldcoin
Story
Hong Kong Orders Sam Altman's Worldcoin to Cease Operations Over Excessive Data Collection
May 22, 2024, 02:20 PM
Hong Kong's privacy regulator has ordered Worldcoin to cease all operations in the region, citing violations of local privacy laws. The Office of the Privacy Commissioner for Personal Data (PCPD) found that Worldcoin's collection of facial and iris images from 8,302 individuals was excessive and unjustified. The enforcement notice requires Worldcoin to stop using iris scanning devices immediately. The Hong Kong government ruled that Worldcoin's operations violated the Privacy Ordinance, deeming the data collection practices unlawful. The Worldcoin Foundation, led by Sam Altman, has been instructed to halt all activities in the jurisdiction.
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Similar markets
Cease biometric data usage • 25%
Modify biometric data collection practices • 25%
Shift operations to other regions • 25%
No change in operations • 25%
Identity Verification • 33%
Transaction Management • 33%
Data Security • 33%
Appeal against the decision • 50%
Modify operations to comply • 50%
Significant decrease in Asian market share • 33%
Minor impact on Asian market share • 33%
No impact on Asian market share • 34%