New Delhi/London, February 21, 2024: – Liminal Custody Solutions (Liminal), the fastest-growing digital asset custody and wallet infrastructure provider in the APAC and MENA region, today announced a major milestone: achieving General Data Protection Regulation (GDPR) compliance. This accomplishment underscores the company’s unwavering commitment to data security and user privacy, setting a new standard for trust and transparency in the rapidly evolving digital asset ecosystem. Achieving this standard with an unqualified opinion serves as third-party industry validation that Liminal (First Answer Pte Ltd) provides enterprise-level security for customers’ data secured in Liminal’s System.
A Commitment to Responsible Data Practices:
Dhruvil Shah, SVP of Technology at Liminal said, “Liminal’s GDPR compliance is not just a legal obligation, but a reflection of our core values. We recognize the sensitive nature of user data and are committed to upholding the highest standards of data protection. This commitment is further substantiated by Prescient Assurance LLC, confirming our adherence to established data security and privacy practices.”
Introducing GDPR-Aligned Wallet Infrastructure:
Liminal is a CCSS Level 3, SOC Type 2 and ISO 27001 & 27701 certified organisation. Taking user privacy a step further, Liminal is now proud to offer GDPR-aligned wallet infrastructure. This means users can enjoy the added protection of personal and financial data under stringent and established regulatory practices. Our GDPR-aligned wallets incorporate features such as:
● Enhanced data control: Users have complete control over their personal data.
● Transparency by design: Clear and concise information is provided on how data is collected, used, and stored.
● Robust security measures: Industry-leading security protocols and technologies safeguarding user data.
Significance of GDPR Compliance and Aligned Infrastructure:
The digital asset industry is characterized by rapid innovation and evolving regulations. Achieving GDPR compliance and offering GDPR-compliant wallets establishes Liminal as a trusted provider, particularly for institutions and individuals seeking a secure and compliant environment for their digital assets. This milestone solidifies Liminal’s position as a leader in fostering trust and transparency within the industry.
Liminal remains committed to upholding the highest standards of data security and privacy. The company will continue to invest in compliance efforts and adapt its practices to evolving regulations, ensuring a secure and trustworthy environment for its users.