Regtech startups crying out for more red tape

Sifted
Author
Sifted
Published
July 27, 2023

Famously, European policymakers enjoy some thoroughly drafted regulation. In the tech sphere, the EU’s digital strategy — rules on AI, data (including governance) and digital markets and services — has at times put it in conflict with the startup community.

That’s because regulation is a two-headed beast. On the one hand, it can raise high entry barriers for cash-strapped ventures and hamper growth plans; on the other, it makes them trustworthy to clients, partners and — crucially — governments. And where there’s obligation, there’s also opportunity — which is where regtech startups started to sprout.

Read more here.

About the author

Sifted
Author
Sifted
Sifted is the online publication dedicated to European startups and all things relevant to Europe's startup ecosystem. It is backed by the Financial Times.

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