The EU's general data protection regulations take effect today or affect blockchain innovation

The European Union's general data protection regulations (GDPR) took effect today (25), industry media reported. At present, many smaller eu countries are doing their best to support blockchain companies. The eu has issued GDPR, which firmly protects citizens' data privacy and avoids being illegally profited by transnational companies.

Starting today, the European Union will tighten its grip on the use of private data, a move that will have an impact on regional blockchain innovation.