StreetLend.com shuts down, citing GDPR regulations

Re:StreetLend.com shuts down, citing GDPR regulations by tripletao on Monday April 30, 2018 @03:24AM (#16956492)

> While joining the Privacy Shield is voluntary, once an eligible organization makes the public commitment to comply with the Framework’s requirements, the commitment will become enforceable under U.S. law.

https://www.privacyshield.gov/article?id=How-to-Join-Privacy...

So how does that affect companies that don't elect to join Privacy Shield?

Agreed that AdSense will probably start indirectly enforcing the GDPR at some point. Someone will probably make a lot of money picking up the traffic they lose, in exchange for never changing planes in Frankfurt again...

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Re:StreetLend.com shuts down, citing GDPR regulations by zaarn on Monday April 30, 2018 @03:52AM (#16956629)

Without privacy shield, I guess the EU might still try to go through the US court system to have a foreign claim enforced in the US.

I guess we'll have to wait and see what happens in that case, if the US court system is willing to enforce GDPR fines on their side, that would be a win for the EU (the US has been doing this for ages)

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