Yes, a website privacy policy is required by law for many websites that collect personal information from users. For websites with Californian users, a privacy policy is legally required by the California Consumer Privacy Act (CCPA) and the California Online Privacy Protection Act (CalOPPA). For websites with users in the EEA, a privacy policy is mandated by the General Data Protection Regulation (GDPR).
Privacy laws around the world vary based on country, industry, and users. Whether a privacy policy is required for your website depends on applicable laws.
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