Pi Network has successfully passed Article 27 of the General Data Protection Regulation (GDPR). Simultaneously, the Pi Network Core Team, operated by SocialChain Inc., has taken proactive measures by appointing “Maetzler Rechtsanwalts” and “Prighter Ltd” as GDPR representatives for handling data compliance matters in the European Union (EU) and the United Kingdom (UK) regions, respectively.
The General Data Protection Regulation, a comprehensive data protection law implemented in May 2018, sets stringent guidelines for businesses and organizations operating within the EU and UK regions. Article 27 mandates the appointment of a representative for entities that process or handle the personal data of EU and UK residents, regardless of their physical location.
🔥#PiNetwork has passed Article 27 of the GDPR. Meanwhile, its developer, SocialChain Inc. @PiCoreTeam, has appointed “Maetzler Rechtsanwalts” and “Prighter Ltd” as GDPR representatives to handle Pi’s data compliance matters in the EU 🇪🇺 and UK 🇬🇧 regions respectively. pic.twitter.com/n2LCvgnhre
— Pi News (@PiNewsMedia) July 19, 2023
By successfully passing Article 27, Pi Network demonstrates its commitment to safeguarding user data and complying with the regulatory framework in the regions it operates in. The platform’s adherence to GDPR principles reflects its dedication to upholding the privacy rights of its growing user base.
In response to the GDPR requirement, the Pi Network Core Team has chosen two prominent organizations specializing in data protection and compliance matters. “Maetzler Rechtsanwalts,” a leading legal firm based in the EU, has been entrusted with representing Pi Network’s data compliance interests in the European Union. Meanwhile, “Prighter Ltd,” a reputable organization with a strong focus on GDPR compliance, will serve as Pi Network’s representative in the United Kingdom.
The selection of experienced GDPR representatives reflects the Pi Network Core Team’s dedication to handling data privacy matters with the utmost professionalism and diligence. With these appointments, the platform aims to ensure that user data is managed in accordance with the highest data protection standards set forth by the GDPR.
As Pi Network continues to expand its global presence and user base, its emphasis on data protection and compliance is critical. By proactively adhering to GDPR guidelines, the platform not only ensures legal compliance but also establishes itself as a responsible and trustworthy player in the competitive cryptocurrency landscape.
Pi Network’s compliance with GDPR regulations and the appointment of “Maetzler Rechtsanwalts” and “Prighter Ltd” as GDPR representatives represent commendable strides in data protection and privacy. The platform’s user community can now be reassured that their data is in safe hands, and their privacy rights are being diligently protected.
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