ICO responds to Parliament's inquiry into crypto-asset industry

21/11/2022 | ICO

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."

Read Full Story
Crypto, bitcoin

What is this page?

You are reading a summary article on the Privacy Newsfeed, a free resource for DPOs and other professionals with privacy or data protection responsibilities helping them stay informed of industry news all in one place. The information here is a brief snippet relating to a single piece of original content or several articles about a common topic or thread. The main contributor is listed in the top left-hand corner, just beneath the article title.

The Privacy Newsfeed monitors over 300 global publications, of which more than 2,500 summary articles have been posted to the online archive dating back to the beginning of 2020. A weekly roundup is available by email every Friday.

Freevacy has been shortlisted in the Best Educator category.
The PICCASO Privacy Awards recognise the people making an outstanding contribution to this dynamic and fast-growing sector.