The post Bitcoin Ban in Europe? EDPB Guidelines Could Outlaw BTC Over GDPR Conflict appeared first on Coinpedia Fintech News
A major regulatory storm is brewing in Europe, and it could put Bitcoin users in legal jeopardy. A recent consultation by the European Data Protection Board (EDPB) could potentially ban Bitcoin across Europe, according to Alexandre Statchtchenko, co-founder of French crypto exchange Paymium.
Why Is the EDPB Targeting Bitcoin?
The EDPB’s draft guidelines argue that Bitcoin public keys qualify as personal data, making every BTC transaction subject to GDPR (General Data Protection Regulation). Because a public key can indirectly identify a person, it triggers compliance obligations, including the right to data deletion—something fundamentally incompatible with blockchain’s immutability.
This clash between Bitcoin’s unalterable ledger and European privacy laws could make the cryptocurrency illegal to use or operate within EU nations.
Critics Slam the Ban Proposal
The guidelines have sparked immediate backlash. Critics argue the EDPB is demanding a “radical solution” without offering a feasible technical pathway for data deletion on blockchain. The committee even admitted that deletion requires an “ad-hoc engineered architecture,” a solution that doesn’t currently exist for Bitcoin.
AML vs. Anonymity: A Legal Paradox
Statchtchenko highlights the absurdity of the situation, where regulatory demands conflict with each other. The GDPR requires anonymization and deletion of data, but Anti-Money Laundering (AML) and Know Your Customer (KYC) laws prohibit anonymity in financial transactions.
In France and other EU countries, anonymous crypto transactions are presumed to be money laundering, placing Bitcoin in a regulatory deadlock.
Who’s Involved and What’s Next?
The EDPB’s public consultation is open until June 9, 2025, and it’s attracting attention from across the crypto and Web3 ecosystem. Major industry players and legal experts are expected to voice concerns before the final decision.If the current draft guidelines are adopted without change, Bitcoin could be effectively banned in Europe, leaving millions of users trapped in legal uncertainty.
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The post Bitcoin Ban in Europe? EDPB Guidelines Could Outlaw BTC Over GDPR Conflict appeared first on Coinpedia Fintech News
A major regulatory storm is brewing in Europe, and it could put Bitcoin users in legal jeopardy. A recent consultation by the European Data Protection Board (EDPB) could potentially ban Bitcoin across Europe, according to Alexandre Statchtchenko, co-founder of French crypto exchange Paymium. Why Is the EDPB Targeting Bitcoin? The EDPB’s draft guidelines argue that …
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