BEAMSTART Logo

HomeNews

Alarm bells ring in US over OpenAI’s crypto project World

Coin Telegraph LogoCoin Telegraph13h ago

Alarm bells ring in US over OpenAI’s crypto project World - Coin Telegraph

Quick Summary:

Source: World“The effectiveness of user data protections, as it pertains to World, hinges almost entirely on the Texas AG’s priorities, resources and willingness to act,” said Rossow. A more aggressive AG could mean more robust protections, while “a less aggressive administration could deprioritize enforcement, which leaves consumers open and vulnerable to exploitation.”The potential for exploitation is one of the key factors driving activist efforts against systems like World. Privacy International, a privacy protection group that supported legal action in Kenya against World, states that in “the absence of strong legal frameworks and strict safeguards, biometric technologies pose grave threats to privacy and personal security, as their application can be broadened to facilitate discrimination, profiling and mass surveillance.”Related: Over 70 crypto firms join forces to tackle Big Tech’s AI monopolyAs far back as 2021, Amnesty International had raised concerns over discrimination and biometric systems’ applications of dubious methodologies.

He added that it “looked very promising and much more robust and privacy-focused than my initial intuition.”Paul Dylan-Ennis, an Ethereum researcher and academic, said that he believes World’s tech “is likely strong in privacy terms” but admitted that the aesthetic could be putting people off: “Just some intangible Black Mirror-ness to it all.”Worldcoin faces mounting bans worldwideOpenAI may be doubling down on an American strategy, but other jurisdictions around the world are increasingly investigating, limiting or outright banning the firm’s activities. In 2023, regulators in India, South Korea, Kenya, Germany and Brazil began investigating the firm’s data collection practices.

Would-be verified humans can scan their irises at these hubs, giving World unique biomedical markers. These markers, per World, can be used to prove one’s humanness when interacting with others on digital platforms. But as World expands into the US, an uncertain regulatory landscape could put people off and make it difficult for the platform to build user trust. Andrew Rossow, a cyber and public affairs attorney at Rossow Law, told Cointelegraph, “There is no comprehensive federal law specifically regulating biometric data (such as iris scans) in the US.”Indeed, laws differ state by state.

or

Article Details

Author / Journalist: Cointelegraph by Aaron Wood

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 08:11:44 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 1190 words

Reading Time: 7 minutes read

Sentences: 52 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28704447

View Article Analysis

About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 29 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Alarm bells ring in US over OpenAI’s crypto project World" has 1190 words across 52 sentences, which will take approximately 5 - 10 minutes for the average person to read.

Which news outlet covered this story?

The story "Alarm bells ring in US over OpenAI’s crypto project World" was covered 13 hours ago by Coin Telegraph, a news publisher based in United States.

How trustworthy is 'Coin Telegraph' news outlet?

Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 29 news stories per day.

It's most recent story was published 7 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #28704447
  • URL: https://swalz.beamstart.com/news/alarm-bells-ring-in-us-17472070389136

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.