London, Beritabulukumba.com – The Pi Network digital currency continues to try to complete administrative requirements in several countries.
Recently, it was reported that the Pi Network through its holding company SocialChain registered its representative certification in the European region.
SocialChain has officially completed its proxy certification with Maetzler Rechtsanwalts (in Vienna, Austria) and Prighter Ltd (in London, UK).
🔥#PiNetwork has passed Article 27 of the GDPR. Meanwhile, its developer, SocialChain Inc.@PiCoreTeam @PiNewsMedia
, has appointed “Maetzler Rechtsanwalts” and “Prighter Ltd” as GDPR representatives to handle Pi’s data compliance matters in the EU and UK regions… pic.twitter.com/Ks198oZpfM
— Pi Network crypto investigator/blockchain reseamem (@PiNetwo8689) July 19, 2023
The two companies are to act as GDPR representatives to address Pi Network data compliance issues in the EU and UK regions.
For your information, SocialChain received GDPR (General Data Protection Regulation) certification in May.
At the same time ensuring that the Pi Network meets standards and fully complies with EU rules on user data protection.
This is said to be a significant step forward and enabling Pi Network activities in the region.
Maetzler Rechtsanwalts and Prighter Ltd will represent SocialChain in the Market registration under the Crypto Assets Regulation (MiCA), the first digital currency legislation in Europe.
This step forward slightly disproves the possibility of alleged scam issue. Let’s wait for the next update. ***