The startup killer: Ledger CTO says the EU's crushing compliance costs are choking Web3 innovation

CoinDesk Staff

(03:38 PM UTC)

1 min read

Industry insiders warn that MiCA's steep financial barriers are choking early-stage innovation.

The European Union’s (EU) regulatory framework has redefined the competitive landscape of Web3, unintentionally shifting the advantage away from crypto startups, directly into the hands of legacy financial institutions, according to Charles Guillemet, chief technology officer (CTO) at wallet maker…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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