Chinese Biometric Data Exploited Through Crypto Schemes, Authorities Allege
After the recent news of China casting a blanket ban on crypto, a Chinese security minister has warned that foreign companies are using dubious crypto schemes to collect biometric data, including iris scans, calling this practice a threat to national security and the violation of personal privacy. As per an article published on 6 August.. The post Chinese Biometric Data Exploited Through Crypto Schemes, Authorities Allege appeared first on 99Bitcoins.
After the recent news of China casting a blanket ban on crypto, a Chinese security minister has warned that foreign companies are using dubious crypto schemes to collect biometric data, including iris scans, calling this practice a threat to national security and the violation of personal privacy.
As per an article published on 6 August 2025 by the local news outlet Global Times, the Chinese ministry has highlighted growing concerns regarding biometric technology, citing recent cases in which foreign intelligence agencies unlawfully extracted facial data from individuals in China for espionage purposes.
Although the ministry hasn’t dropped any names, the outlined methodology shared by the authorities closely resembles Worldcoin’s approach, a crypto startup co-founded by OpenAI’s CEO Sam Altman.
China warns iris-scanning crypto projects pose national security threat. Read more on our article.
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