EU Regulations vs Innovation in Crypto

Can't believe EU is doing this again... they really don’t get it. How's innovation supposed to thrive if they just keep slapping rules everywhere? Look at how fast companies like Google and Amazon grew in the States. They'd be buried in taxes here in Europe, that's for sure. A fellow entrepreneur here tried to start a new platform, ended up drowning in paperwork and red tape. I mean, they love to ‘protect’ everyone but honestly it's just holding everything back. Seriously, wasn’t Bitcoin supposed to offer a fresh start? And yeah, the whole thing is like a bad joke. They could’ve been pioneers in the crypto space but nope, just more regulation. Ridiculous...