Bitcoin Face Ban in Europe? EDPB Guidelines Potentially Outlaw BTC over GDPR Conflict

A potential regulatory shakeup is brewing in Europe that could leave Bitcoin users facing legal challenges. The European Data Protection Board (EDPB) is proposing guidelines that could outlaw cryptocurrency transactions across the continent, according to Paymium co-founder Alexandre Statchtchenko. These new guidelines argue that Bitcoin public keys are considered personal data under the GDPR (General Data Protection Regulation). This triggers a potential conflict, as the immutability of blockchain makes removing transaction history difficult.