Bitcoin Ban Looms: Europe Considers Action

Potential EDPB Guidelines Could Render Bitcoin Illegal in Europe

• The European Data Protection Board (EDPB) is considering new guidelines.
• These guidelines identify public keys as personal data.
• If approved, this could make Bitcoin illegal in Europe.
• Alexandre Stachtchenko from Paymium highlighted this potential impact.

The EDPB’s proposed guidelines, which classify public keys as personal data, could lead to Bitcoin becoming illegal in Europe, as explained by Alexandre Stachtchenko of Paymium.