FILE PHOTO: a Small toy figures in the painting are to be seen in the representations of the virtual currency in the front end of the Scale, the logo in this illustration picture the 21 of June, 2019 at the latest. REUTERS/dado Ruvic/Image/File Photo
ZURICH (Reuters) – Switzerland’s privacy watchdog said on Tuesday it had not yet received a response to a July 17 letter to look for the information about Facebook’s (FB.(O) in the swiss-based Scale cryptocurrency project, with the addition of the information that is necessary for the purpose of determining the regulatory role.
“The Federal Data Protection and Information Commissioner (FDPIC), has taken note of the comments made by Mr. David Mark, at his hearing before a U.S. senate committee,” the watchdog said in a statement. “The FDPIC noted in his letter that he had received an indication as to which of your personal data may be processed, and the Scale of Association is given of the current status of the project in order to assess the extent to which its advisory powers in regard to the powers to be.”
Mark, who oversees Facebook’s blockchain efforts, said earlier this month during a Senate hearing that he was expected, and that the FDPIC’s commissioner-to-be Libra’s privacy regulator, because of the Scale Association is based in Geneva.
Report by John Miller; editing by David Evans