The compatibility between emerging technology such as Blockchain and the new data protection obligations has been a matter of discussion since the European General Data Protection Regulation (“GDPR”) came into force back in 2018. The main reason is that GDPR is considered the Regulation that...

There have been a few headlines lately reporting how blockchain technology and smart contracts will add an astounding business value. For instance, McKinsey reports that blockchain-based smart contracts can save nearly $50 Billion in B2B transactions. Further, Accenture suggests that...

Cryptocurrency's disruptive technology gained significant and growing attention from policymakers across the globe for its increased use by the malicious users to undermine legal controls prescribed under the existing laws and regulations.The technology in the Cryptocurrencies among other...

Most central banks in advanced economies consider issuing central bank digital currencies (CBDCs) to address the declining use of cash and to position themselves against increased competition from Big Tech companies, cryptocurrencies, and stablecoins. One crucial design dimension of a CBDC...

There are increasingly many digital alternatives to physical cash as basic means of payment, many of these offered by non-financial private sector actors. While such a trend towards a cashless society brings the convenience of digital payments to users and can encourage innovation in financial...