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

cryptoweekly by cryptoweekly
May 14, 2025
in Altcoins, News
0

OpenAI’s World project is coming to the US, where a state-by-state approach to privacy could complicate user protections.

World Network, the digital identity and crypto project of Sam Altman’s OpenAI, has alarmed privacy activists ahead of its United States launch, with observers concerned over its data collection and protection practices.

World “is the opposite of privacy. It’s a trap,” said Nick Almond, CEO of FactoryDAO, on X. While the project claims to protect user privacy in the age of proliferating AI, it’s faced a slew of regulatory concerns across the globe.

Formerly known as “Worldcoin,” the iris-scanning technology and its crypto token payout scheme are being probed by authorities in India, South Korea, Italy, Colombia, Argentina, Portugal, Kenya and Indonesia. In Spain, Hong Kong and Brazil, it’s outright banned.

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Recent Posts
  • Decentralized OORT AI data hits top ranks on Google Kaggle
  • How to spot a fake crypto investment platform: 10 red flags
  • Bitcoin more of a ‘diversifier’ than safe-haven asset: Report
  • SEC delays Solana ETF as decisions for Polkadot, XRP loom
  • Kazakhstan to become ‘Central Asia’s crypto hub’ with reforms: Minister
  • Strategy will beat all public equities with Bitcoin, analyst says
  • Asia’s wealthy shifting from US dollar to crypto, gold, China: UBS

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