The Information Commissioner's Office (ICO) has responded to Parliament's inquiry into the crypto-asset industry, saying "appropriate privacy safeguards are critical to maintaining trust in emerging technologies, including the distributed ledger technologies (DLT) that underpin the crypto-asset industry." The full response covers aspects of data protection law and enforcement around controllership within decentralised structures, international data transfers, transparency and re-identification of users, and exercising information rights. The ICO sees encouraging signs from within the industry that it is addressing these issues but will continue to conduct analysis in order to "consider the data protection implications of decentralised ecosystems."
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