China has escalated its warnings against cryptocurrency-linked biometric data collection, suggesting it could be exploited for foreign intelligence operations.
In a public statement, the Ministry of State Security described how an overseas company—widely assumed to be Worldcoin—has been incentivizing users to scan their irises in exchange for crypto, creating a global database of sensitive personal data.
The ministry framed the issue as a dual threat to individual privacy and national security. The alert follows Indonesia’s recent crackdown on Worldcoin, signaling growing international skepticism toward its data practices.