PANews reported on April 23 that according to Decrypt, the European Data Protection Board has approved a draft rule on how personal data is stored and shared on the blockchain. The European Data Protection Board (EDPB) stated that the new guidelines restrict access to stored information and comply with the General Data Protection Regulation (GDPR) protection provisions. The EDPB approved these rules this month and opened a public comment period, with a deadline of June 9.
The new guidelines state: "Certain characteristics of blockchain may pose challenges in meeting GDPR requirements. The guidelines emphasize the necessity of design and default data protection, as well as adequate organizational and technical measures." The document added: "Generally, personal data should be avoided from being stored on the blockchain if it conflicts with data protection principles."
