The European Data Protection Board released new guidelines on blockchain privacy, aiming for GDPR compliance. This sparked discussions about privacy rights and fueled by advocates like Edward Snowden, sparking debate. Key industry players are assessing the implications of these rules. Edward Snowden emphasized the significance of privacy as a fundamental right, stating: “Arguing against privacy because one has nothing to hide is akin to dismissing free speech for lack of something to say.” The guidelines emphasize avoiding non-compliance risks in blockchain solutions. While industry reactions have been mixed, market analysis indicates minimal impact on prominent assets like Bitcoin, suggesting the market remains relatively insulated from immediate financial risks.