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The EU has now released a summary of the key changes that will be introduced by the GDPR framework. CCN has an interesting take on what the GDPR means for cryptocurrencies: What do you think about the effect of the new GDPR rules on blockchain and cryptocurrency platforms? Will it be business as usual, or will the result in an industry shakeup similar to the recent SEC crackdown in the US?
AlphaBeta posted a topic in ICOs & Other AltcoinsThe Republic of the Marshall Islands is planning a national cryptocurrency named 'The Sovereign', to be released later this year. The Marshall Islands currently uses the US Dollar as their national currency, but the parliament just recently voted to introduce this new cryptocurrency (SOV) as legal tender in the country. As described in the SOV media kit: This comes at the same time as Venezuela just launched their own currency, the Petro. More and more countries are now adopting or considering cryptocurrencies as legal tender, which further legitimizes the role of currencies such as Bitcoin and Ethereum in the global economy.
Facebook has just announced a new advertising policy. Their new policy bans ads about topics that are "frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency". You can also read more context about the reasons for this announcement in the BBC's article. Where will ICOs spend their advertising money now that Facebook is not an option? There are still several crypto-only advertising networks (such as A-ADS), and other social sites such as Twitter that still allow advertising of cryptocurrencies. Let me know if you're aware of any other sites that are good for running crypto-related advertising.