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Stablecoin Issuer Tether Completes SOC 2 Type 1 Audit
3.4.2024
Tether, the USDT stablecoin issuer, announced on April 1 that it had completed the System and Organization Controls (SOC) 2 Type 1 Audit, the highest level of security compliance achievable. Tether stated that the audit’s completion demonstrates the robust information technology control...
Report: US Crypto Exchange Coinbase Fined for Refusing to Localize Russian Users’ Data
18.11.2023
The U.S. cryptocurrency exchange Coinbase was recently hit with a fine exceeding $11,000 by a Russian court. The fine stems from the crypto exchange’s refusal to comply with a law that requires foreign companies to localize data of their respective Russian users or customers. Localizing...
Data Protection Bodies Call For ‘Privacy Threshold’ in Digital Euro Transactions
21.10.2023
Ensuring low-value digital euro transactions are not traced is one of the recommendations made by two data protection agencies in the EU. The independent bodies have presented their joint opinion on the proposed regulation for the upcoming digital version of Europe’s common fiat currency....
Poland probing OpenAI, ChatGPT following GDPR complaint
22.9.2023
Poland's data protection watchdog has confirmed it has opened an investigation into OpenAI over a complaint it received from an applicant
France’s Data Watchdog Conducts Checks at Worldcoin Office in Paris
3.9.2023
The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer Openai....
How to protect your privacy online
15.8.2023
Discover effective strategies to maintain online privacy and learn how to safeguard your personal information while navigating the digital landscape
Argentina Opens Probe Into Worldcoin Personal Data Treatment Procedures
10.8.2023
The government of Argentina informed it had opened an investigation into the data collection activities that Worldcoin is executing in the country. The Public Information Access Agency (AAIP), the data comptroller in the country, sent a letter to the Worldcoin Foundation requesting information...
Kenyan Government Says It Has ‘Suspended’ Worldcoin Activities
3.8.2023
The Kenyan interior ministry said on Aug.2 that Worldcoin’s activities in the country have been “suspended” in order to give government agencies an opportunity to assess the cryptocurrency project’s potential risks to public safety. The country’s interior minister...
Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices
1.8.2023
Bavaria’s State Office for Data Protection Supervision (DPS) has initiated an inquiry into the Worldcoin project and its data collection techniques, as disclosed in a Reuters report on Monday. This comes shortly after similar investigations by Kenya’s Office of the Data Protection...
Kenyan Data Regulator Issues Warning as Residents Rush to Get Worldcoin’s ‘Free Money’
30.7.2023
The Kenyan data regulator said it is conducting an “assessment of Worldcoin’s practices to ensure compliance with the law.” The data regulator has urged “increased vigilance” by Kenyans who are signing up to receive Worldcoin’s “free money.”...
Report: French Privacy Regulator Probes Worldcoin’s Biometric Data Practices
29.7.2023
The French oversight agency, National Commission on Informatics and Liberty (CNIL), has raised doubts about the legality of Worldcoin’s biometric data collection methods. Besides questioning the legitimacy of its data acquisition processes, CNIL is also delving into how this biometric data...
Solana Labs' ChatGPT plugin allows AI to fetch blockchain data
26.4.2023
The plugin will allow the AI chatbot to check wallet balances, transfer tokens and purchase NFTs when OpenAI makes plugins more widely available
Top 7 legal and compliance jobs in the crypto market
27.3.2023
Explore essential skills for top legal and compliance jobs in the crypto market
Privacy Is Key for Successful Digital Euro, Data Protection Body Says
22.6.2021
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data protection matters surrounding the project. Meanwhile, an ECB executive has vowed that the digital euro will...
Crypto Hardware Wallet Firm Ledger Hacked, One Million Customer Emails Exposed
29.7.2020
Ledger said on Wednesday that its e-commerce database was hacked in late June, compromising about one million email addresses. No user funds were affected by the breach. In a blog post, the French bitcoin hardware wallet company revealed that contact and order information for customers was also...
China’s Supreme Court Recommends Increasing Crypto Property Rights Protection
22.7.2020
The supreme court of China has recommended increasing the legal protection of property rights, including digital currency ownership rights. The recommendations also focus on solving issues such as “the use of public power to infringe private property rights, illegal seizures, and freezing...