Hong Kong Regulator: Worldcoin Activities Violated Privacy Ordinance – Regulation Bitcoin News
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Hong Kong’s Northern Metropolis estimated to cost HK$224 billion
A huge scheme to build a housing and business hub along Hong Kong’s border with mainland China, known as the Northern Metropolis, will cost more than HK$224 billion, the government has estimated. The price tag of the project that seeks to provide more than 900,000 homes for some 2.5 million people was unveiled in the […]
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Worldcoin Project Halted: Hong Kong Privacy Commission Orders Cease Of Operations
Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has served an enforcement notice to Worldcoin, a crypto project co-founded by OpenAI’s CEO Sam Altman, asking them to cease operations. The resolution concludes the investigation launched by the PCPD in January 2024. Related Reading: US DOJ Seizes $100M In Crypto From Major Dark […]
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EU Council Approves Landmark AI Regulation Act Balancing Innovation and Safety
The European Council passed the AI Act, which is set to transform AI regulation in EU jurisdictions. The new law classifies systems based on risks posed, while looking to ban harmful practices.