Daniel Dahlstrom 🇸🇪 on LinkedIn: 🇪🇺 Dear Europe, please wake up – eu/acc | Andreas Klinger (2024)

Daniel Dahlstrom 🇸🇪

CEO and Co-founder at Punch. Helping web3 brands to onboard and monetize everyday people beyond the niched crypto community.

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When someone from the US claims Europe to be fragmented I can’t help being a bit perplexed. What do they mean, fragmented as in more fragmented than the US? If that is the claim I really need to hear the explanation. US has 52 states that set their own rules and regulations. The corporate America is so strong that any nationwide regulations is virtually impossible to implement. Take fintech as an example, we in Europe don’t even see US fintechs as “real” fintech, they just don’t have the foundations to create really good fintech products, because the banks API’s are so damn fragmented with variation in both quality and functionality. While in Europe we have common standards and regulations for open banking, such asPSD2, EMD2, and even EIDAS, EUID for electronic signatures and electronic identification. And this is just a few regulatory frameworks that is commonly agreed upon in all of Europe. And this is the foundation to our solid fintech industry.So this thing that Europe is fragmented.. I can’t really wrap my head around it. Anyone that has an idea what they could be referring too, then help me out and explain it to me as if I was a 5 year old child.

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Jamie Slaats

Crypto and Blockchain Enthusiast. Author: "Upgrading Earth"(upgradingearth.org). Excited about the Future!

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Yeah, unfortunately most US'ers don't really know anything about Europe and how it functions. So fully agree with you on this one. I have always found Europe more seemless than the US and for that matter Canada as Canada also has the type of fragmentation per province. Binance for an example and many of the exchanges can operate across Canadian provinces ok, except Ontario where the Ontario Securities Commission has blocked pretty much all of them from operating.

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    🤬

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    😂😂😅

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Daniel Dahlstrom 🇸🇪 on LinkedIn: 🇪🇺Dear Europe, please wake up – eu/acc | Andreas Klinger (21)

Daniel Dahlstrom 🇸🇪 on LinkedIn: 🇪🇺Dear Europe, please wake up – eu/acc | Andreas Klinger (22)

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Daniel Dahlstrom 🇸🇪 on LinkedIn: 🇪🇺 Dear Europe, please wake up – eu/acc | Andreas Klinger (2024)

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