Hong Kong streaming firm to buy $100M crypto, Worldcoin sanctioned:Asia Express

This weekly East Asia crypto roundup covers several Hong Kong developments, including regulators weighing staking for spot Ether ETFs and Worldcoin being sanctioned over privacy concerns. According to local reports citing the Office of the Privacy Commissioner for Personal Data, authorities asked Worldcoin to stop collecting local residents' data from its iris scanners, alleging participants were not properly informed and that data could be retained for up to 10 years. Boyaa Interactive reported a $48.67 million profit on digital asset holdings in Q1, and Inkeverse Group plans to invest up to $100 million in cryptocurrencies.