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Can I collect cryptocurrency information from participants in New York? What are the requirements?
Based on the provided context documents, it appears that there are no specific regulations or requirements regarding the collection of cryptocurrency information from participants in New York. However, it is important to note that the Personal Privacy Protection Law and the regulations in this Part prescribe procedures by which members of the public may assert rights granted by the Personal Privacy Protection Law [1.1].
If you are collecting personal information, including cryptocurrency information, from individuals in New York, you must comply with the Personal Privacy Protection Law and its regulations. This includes providing individuals with access to their personal information upon request, as well as maintaining appropriate records and protecting the privacy of individuals’ personal information [1.1][2.2].
Additionally, if you are collecting cryptocurrency information for investment purposes, you may be subject to securities regulations and must comply with any applicable laws and regulations [6.1].
In accordance with the provisions of subdivision 2 of section 89 of the Freedom of Information Law and in conformity with any guidelines as may be promulgated by the Committee on Open Government regarding the prevention of unwarranted invasions of personal privacy, the records access officer shall delete from any requested record identifying details the disclosure of which would result in an unwarranted invasion of personal privacy prior to making such record available for inspection and/or copying [3.1].
In summary, while there are no specific regulations regarding the collection of cryptocurrency information from participants in New York, you must comply with the Personal Privacy Protection Law and any applicable securities regulations. Additionally, any records containing personal information, including cryptocurrency information, must comply with the Freedom of Information Law and its regulations.
Source(s):
- [1.1] Access to personal information.
- [3.1] Requests for public access to records.
- [2.2] Designation of privacy compliance officer.
- [6.1] Records to be maintained by out-of-state brokers and dealers in securities.
Jurisdiction
New York