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California Privacy Rights Act Moves Closer To Passing Leading Crypto Exchanges Towards Compliance With European Union Data Privacy Regulations
Summary: The California Privacy Rights Act (CPRA) is on path to replace sections of the California Consumer Privacy Act (CCPA) with 56% approving it so far, according to the state's ballot tracking website. The CCPA is one of the nation's most comprehensive data privacy laws. The CPRA adds stricter punishments for non-compliance and encourages businesses like ...
The California Privacy Rights Act (CPRA) is on path to replace sections of the California Consumer Privacy Act (CCPA) with 56% approving it so far, according to the state's ballot tracking website.
The CCPA is one of the nation's most comprehensive data privacy laws. The CPRA adds stricter punishments for non-compliance and encourages businesses like cryptocurrency exchanges to go above-and-beyond to protect users' privacy.
The CPRA moves the nation closer to compliance with the General Data Protection Act, the European Union data privacy law which is notoriously strict. Crypto exchanges will have greater incentives to think globally as complying to the CPRA will move them closer to adhering to the European Union's regulations.
By Emily Mason
Tags: Data Privacy,European Union,General Data Protection Act
Link: California Privacy Rights Act Moves Closer To Passing Leading Crypto Exchanges Towards Compliance With European Union Data Privacy Regulations [Copy]
