The European Data Protection Board just issued definitive guidelines on personal data processing via blockchain. Here's what it means for decentralized finance and digital identity providers.

1️⃣ European Data Protection Board — Guidelines on the processing of personal data through blockchain technologies
The regulator has finalized guidance clarifying how the principles of the General Data Protection Regulation apply to distributed ledger technologies.
This impacts node operators and businesses utilizing blockchain architectures to manage user data within the European Union.
Entities must ensure their decentralized protocols integrate technical solutions for data rectification and the right to erasure.

2️⃣ European Parliament — Digital euro: MEPs ready to start negotiations
Members of the European Parliament have agreed to start inter-institutional talks to establish a legal framework for a digital euro version.
The developments primarily affect payment service providers, commercial banks, and fintech firms operating across the Eurozone.
Talks will focus on implementation details including offline functionality, privacy safeguards, and individual holding limits.

3️⃣ De Nederlandsche Bank — Fine for ABN AMRO for inadequate customer due diligence
The Dutch central bank has imposed a penalty on a major institution for failing to conduct proper oversight of high-risk client profiles.
This action serves as a warning to credit institutions and entities regarding their anti-money laundering compliance obligations.
Firms should immediately review their client onboarding procedures and transaction monitoring systems to meet the heightened standards for risk-based due diligence.

4️⃣ FINMA — FINMA guidance on quantum computing
The authority has published new indicative guidance addressing the emerging technological risks posed by the decryption capabilities of quantum computing.
This applies to Swiss banks, insurance companies, and other supervised financial participants handling sensitive encrypted data over digital networks.
Entities are expected to assess their cryptographic agility and develop migration strategies toward quantum-resistant security standards.

5️⃣ BaFin — Raiffeisenbank Lech-Donau eG: Bafin setzt Bußgeld fest
Germany’s federal financial regulator has finalized an administrative fine against a regional cooperative bank for violations of consumer protection laws.
This targets the governance functions of financial institutions that fail to adhere to transparency and mandatory consumer disclosure requirements.
Entities should treat this as a signal to audit communication protocols and ensure alignment with retail banking regulations.

Full analysis in the attached RegNext Daily Europe Radar carousel.

— Elena Navarro · Managing Editor, RegNext
Daily Europe Radar · Thursday 09 Jul 2026
#EURegulation #UKRegulation #FinancialRegulation #ComplianceIntelligence