Archive | GDPR

Brave Pursues Legal Action Against Google for User Privacy Breach

Brave, a first of its kind internet browser powered by blockchain technology, is taking international legal action against Google for systematically breaching user privacy on a large scale. Google’s actions are probably in violation of the European Union’s General Data Protection Regulation (GDPR) law, so Brave’s actions against Google could lead to an investigation and […]

GDPR May Stifle Blockchain Innovation, Finds EU Report

The EU Blockchain Observatory and Forum has released a report warning that the General Data Protection Regulation (GDPR) laws instated by the European Union (EU) earlier this year may prevent effective blockchain innovation taking place. The Blockchain Innovation in Europe report cites a lack of clarity in the legal framework regarding personal data and blockchain technology […]

VeChainThor Mobile Wallet Released Ahead of Mid-July Token Swap

The VeChainThor wallet has been released on July 9 and the X Node Binding Service is now available. When this service ends around mid-July, the token swap will begin for VeChain owners. “Chock Full of Features” The VeChainThor wallet has been released on the Apple App Store and the Google Play App Store. This will… […]

What Is PikcioChain Cryptocurrency?

As governments all across the globe continue to introduce legislation in regards to data privacy and storage, there is still a need to foster blockchain platforms that can help customers move their data across their devices in a seamless manner. PikcioChain is an all-new blockchain-based platform that has been designed to store, secure and certify […]

One Week After the GDPR: How Businesses Are Responding

The General Data Protection Regulation was adopted in 2016, and required all companies to comply by May 25, 2018. The companies affected by this development are either located in the EU or deal with EU residents* and collect their personal information. This means that these companies do not need to be in Europe, and 92 […]

Blockchain Compatibility with GDPR’s ‘Right to be Forgotten’

The EU’s new General Data Protection Regulation (GDPR) policies place an emphasis on the ”right to be forgotten”, meaning that at any time an organization should be able to delete users’ personal data at their request. With immutable, decentralized blockchain technology, the question arises as to how blockchain projects will be able to comply with […]

EU Terrorist Funding Study: Crypto No Greater Threat Than Traditional Currency, Increased Regulations Required

In a study published Monday, the EU parliamentary think tank has concluded that cryptocurrencies present no more of a threat to terrorist financing than fiat currencies, while improved regulations, industry intelligence, and community relationship building offer the strongest policy actions to combat the threat. The report was commissioned by the European Parliament’s Policy Department for Citizens’ […]

Apple Sides with Russian Govt, Restricts Telegram, Claims Pavel Durov

If there’s a sacred line the crypto community insists shouldn’t be crossed, it’s Thou Shalt Never Cooperate with Government Prohibitions. Apple Inc., the world’s most valuable company, appears to have ventured into such territory, according to Telegram’s founder Pavel Durov. He claims the maker of iPhone, iPad, and other iconic hardware, is purposefully restricting Telegram’s […]

GDPR Day 1: Apprehension, Nonchalance Dominate Mood of Crypto SMEs

As the first day of Global Data Protection Regulation (GDPR) implementation comes to a close, smaller business owners and investors active within the cryptocurrency scene find themselves coming to terms with a new period of crypto-related commerce, trade and enterprise. Along with recent EU AML directives now encompassing cryptocurrency, some have expressed lingering concerns on […]

Europe: Crypto and Blockchain News Roundup, 18th to 24th May 2018

Europe Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. European Union EU privacy laws shut down PICOPs amid radical changes adopted by other companies: The new stringent Global Data Protection Regulation (GDPR) by the […]

Report: Criminals Have Stolen $1.2 Billion in Cryptocurrencies Since 2017

New estimates have found that criminals have stolen around $1.2 billion in cryptocurrencies since the start of 2017, further highlighting how the market is becoming a lucrative market to criminals. EU GDPR Law May Impact Criminal Investigations The figure was released by the Anti-Phishing Working Group (APWG), which was looking into the cryptocurrency market in addition… […]

Parker-Fitzgerald, UK Finance Report Sheds Light on Institutional Attitudes and Approaches to Blockchain

Banks have been flocking to disruptive technologies such as Artificial Intelligence (AI), cloud technologies as well as blockchain technologies. A recent joint report from UK Finance and Parker Fitzgerald warns of the “systemic risks” attributed to the three technological innovations. New challenges More specifically, the three-part report goes on to identify the risks attributed with […]

Regulations, Hacking Push Blockchain Provider To The Wall

Ethereum wallet and blockchain provider Parity has been forced to shut down its PICOPS platform from 24 May following new EU data protection rules and guidelines. “The EU General Data Protection Regulation (GDPR) replaces the Data Protection Directive 95/46/EC and was designed to harmonize data privacy laws across Europe, to protect and empower all EU […]