- The UK, Information Commissioner’s Office (ICO) is requesting more information on Libra.
- They are keen to understand how the Libra association will protect user data.
Data protection body in the UK, Information Commissioner’s Office (ICO) has requested, along with a several of other jurisdictions, that the companies in the Libra Association provide full details on how they plan to protect user data.
A joint statement was released by the ICO, covering ground on global privacy expectations of the Libra network. It was addressed to Facebook, in addition to 28 other organizations behind the Libra and Calibra projects.
The letter noted the following:
These risks are not limited to financial privacy, since the involvement of Facebook Inc., and its expansive categories of data collection on hundreds of millions of users, raises additional concerns.
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