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PayPal venture arm backs Israeli data privacy startup

December 6, 2023

Currently, the U.S. doesn’t have a comprehensive federal privacy law. Instead, companies in the U.S. face a patchwork of privacy laws and regulations at the federal and state levels.

The U.S. data privacy landscape changed significantly with the emergence of the California Consumer Privacy Act, first enacted in 2018 and updated with substantial amendments in 2019, according to a September blog post by White & Case attorney F. Paul Pittman.

“Since then, activity at the state level has increased as more states look to establish data privacy laws in the absence of a comprehensive data privacy law at the federal level,” Pittman said.

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