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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
  • $5 trillion altcoin season pending as TOTAL2 market cap hits $1.5T
  • CZ is right: There is a structural gap in Web3 trading
  • US SEC Chair Atkins: Education is key for crypto in retirement accounts
  • Metaplanet vs. Semler Scientific: The race to become Bitcoin’s biggest corporate whale
  • SEC Chair Atkins considers innovation exemption to boost tokenization
  • Can ADA price reach $3? Cardano greenlit for 216% rally
  • How Jack Dorsey’s new app lets you chat without the internet and why it matters

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