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Infonica Digest #1: WebMoney Blocking, GDPR

In the first episode of the Infonica digest, Dmitry Khvetkevich will discuss the blocking of the WebMoney service and the consequences of the sanctions. You'll learn who is affected by the GDPR and whether it's true that it's forbidden in Europe.

https://www.youtube.com/watch?v=aWVWVbM7r0Y

BlockingWebMoney

On May 24, sanctions were imposed against the WebMoney payment service in Ukraine.Some media outlets reported that WMU users were blocked because of this.

Sanctions have been imposed on Russian, Ukrainian, and European WebMoney. The system will be unavailable within the country for three years. Currently, the webmoney.ua website is operational. However, the National Security and Defense Council resolution states that the website must be blocked. If you can no longer access the website, you'll likely need to use a VPN, but if the domain is blocked, even a VPN won't help.

GDPR

The General Data Protection Regulation came into force on May 25.(from English)GDPR). The regulation regulates the collection, storage, and transfer of personal data of EU citizens online. The GDPR applies to all organizations that process personal data of EU residents, regardless of geographic location. This also applies toNIC.UA, as we have clients from the EU. EU residents can be confident that their personal information is safe because weWe comply with GDPR regulations.

An updated offer agreement will be available on our website soon, and more details about the regulations can be found in the Infonic article.

Share your thoughts on the WebMoney situation and GDPR in the comments.

 

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