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

in #gdpr6 years ago

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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 whether or not new privacy regulations would be beneficial for cryptocurrency, while others have yet to form solid opinions on how the industry will change as a result.

Not all smaller crypto-related businesses there find this an issue, however.

Marc Warne, CEO of Bittylicious, also based in London, told Bitcoin News that he expected the new laws to have only a minimal impact on traders operating on its platform.

Read more: https://bitcoinnews.com/gdpr-day-1-apprehension-nonchalance-dominate-mood-of-crypto-smes/

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