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German data watchdog probing Worldcoin crypto project, official says
A German data watchdog has been investigating OpenAI CEO Sam Altman's Worldcoin project since late last year due to concerns over its large-scale processing of sensitive biometric data, the regulator's president told Reuters. Worldcoin, which launched last week, requires users to give their iris scans in exchange for a digital ID and, in some countries, free cryptocurrency as part of plans to create a new "identity and financial network". The Bavarian State Office for Data Protection Supervision started investigating Worldcoin in November 2022 because of concerns that the project seeks to process "sensitive ... (full story)