The French privacy watchdog, the Commission Nationale Informatique & Libertés (CNIL), questions the legality of the Worldcoin iris data collection.
Since its launch, Worldcoin has been controversial for conducting iris scans. Now, the project has been inviting probes from various regulators globally.
Worldcoin Faces Scrutiny From French Privacy Watchdog – CNIL
According to Reuters, the CNIL has launched a probe against the Worldcoin project for its biometric data collection. CNIL told Reuters:
“The legality of this collection seems questionable, as do the conditions for storing biometric data.”
Worldcoin is one of the projects of OpenAI, the parent company of the popular AI chatbot – ChatGPT. The French privacy watchdog CNIL is not the only one investigating Worldcoin. But, the UK Information Commissioner’s Office will also inquire further about the project.
Worldcoin has set up physical iris-scanning booths worldwide, and it rewards the participants with the native crypto token – WLD. Since its launch on Monday, the project has remained controversial for its tokenomics and privacy aspect.
It is worth mentioning that the Worldcoin team has tried to address the controversy by clarifying that it stores only the unique iris patterns, not the iris images.
Read our beginner-friendly guide on tokenomics here.
As of this writing, WLD is trading at $2.17, down by roughly 0.41% in the past 24 hours. However, according to data from TradingView, the token is down by roughly 35% from its all-time high of $3.30.
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