Data Protection Regulation

Definition ∞ Data protection regulation comprises legal frameworks designed to safeguard individuals’ personal information from unauthorized access, use, or disclosure. These regulations mandate how organizations collect, store, process, and transmit data, often granting individuals rights over their information. Adherence to these rules is crucial for maintaining privacy, building trust, and avoiding severe penalties. Such laws are fundamental in the digital age.
Context ∞ Data protection regulation is a constant focus in crypto news, especially concerning centralized exchanges and custodial services that handle vast amounts of user data. Compliance with global standards like GDPR or CCPA is a significant operational consideration for digital asset firms. The challenge of reconciling decentralized principles with traditional data protection mandates remains a key area of debate and legislative development.