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International: ICO signs joint statement on Facebook's Libra
The Information Commissioner's Office ('ICO') announced, on 5 August 2019, that it had signed a joint statement ('the Joint Statement') addressed to Facebook Inc. regarding Libra, its proposed digital currency and infrastructure, and asks Facebook to provide details of how customers' personal data will be processed in line with data protection laws. In particular, the Joint Statement was issued with the head of the European Data Protection Supervisor, the Privacy Commissioner of Canada, the Commissioner of the Federal Trade Commission, the Australian Information and Privacy Commissioner, the Information and Data Protection Commissioner of Albania, and the Burkina Faso President of the Commission for Information Technology and Civil Liberties. In addition, the Joint Statement requests assurances that only the minimum required data will be collected, that the service will be transparent, and requests details on how data will be shared between Libra network members.
You can read the press release here and the Joint Statement here.
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