C. Within the material scope of the GDPR to the extent that transactions include data subjects in the European Union.
Blockchain transactions, even if pseudonymous, are considered to be within the material scope of the GDPR if they include data subjects in the European Union. Pseudonymous data is still considered personal data under the GDPR because it can be attributed to an individual when combined with other information. Therefore, blockchain transactions involving data subjects in the EU fall under the GDPR's material scope.
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Ssourav
3 months, 3 weeks ago