These include the application of purpose limitation on data processing and data retention principles. (canadianlawyermag.com)
In other words, the draft agreement violates the principle of purpose limitation. (europeanlawblog.eu)
However, there is no primary purpose limitation, meaning anyone who has responsibility for taking care of virtual currency keys for someone else will likely need to carry out due diligence, monitor transactions and report suspicious activity. (ethnews.com)