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The public blockchains in danger?

April 29, 2025
The public blockchains in danger?

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The context: after launching the Mica law to regulate the crypto in 2024, the European Union continues on its momentum and multiplies the measures to comply with its most important industry. Europe hits the blockchain we thought that with the implementation of the Mica law, the crypto sector was quiet. But European regulations evolve and continue to put sticks in industry wheels. With the implementation of the RGPD regulations, data protection has become one of the spearheads of the old continent … and maybe even a little too much. The European Data Protection Committee (CEPD) recently unveiled its directives concerning data retention in blockchains, with elements that make professionals in the sector tick: Blockchains will have to draw as little data as possible to operate; All personal data, especially crypto wallets, must be able to be deleted from the blockchain; Blockchains’ nodes are considered data controllers; Validators must be confirmed at the European GDPR; Smart contracts are potentially non -compliant and must be replaced. So many measures that swear with the principles of blockchain. The data is asked to delete the data while it is precisely stored to be viewed while validators and nodes must be identified. What if this is not possible, especially in the case of a decentralized public blockchain? Well it should be deleted. Resistance is organized panic begins to regain its rights in the local crypto sector but The European Crypto Initiative (Euci) intends to make his voice heard. This non -profit organization, the aim of which is to defend the interests of local industry, has already negotiated with regulators within the framework of the Mica law and intends to redo it. Europe Wants to Erase Non-GDPR Compliant Blockchains • GDPR Was Once the Global Standard for Privacy. • Now, the new Edpb Guidelines 02/2025 Risk Shattering Public Blockchains. • Deleting Entire Blockchains is being consider. It’s… pic.twitter.com/i9cf2pf8q8— European Crypto Initiative (@eucinitiative) April 28, 2025 In a recent publication on X, the Euci offers to meet the regulators once again and propose to turn rather to privacy technologies such as proofs with disclosure zero knowledge (ZKP). Most of the work will be done in May, where the GDPR will be revised, until June 30 when public returns will be examined by the CEPD. So the next few weeks are going to be paid! The moral of history: to act is to protect yourself but also kill the blockchain. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, BEINCRYPTO undertakes to provide impartial and transparent information. This article aims to provide exact and relevant information. However, we invite readers to verify the facts of their own and consult a professional before making a decision on the basis of this content.

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