It's both. Privacy and sovereignty are big issues in Europe, specifically because of the jurisdiction issues. The fact that it provides some protection for Euro

It's both. Privacy and sovereignty are big issues in Europe, specifically because of the jurisdiction issues. The fact that it provides some protection for European businesses means they'll lean into it all the more. That said, I think the Europeans would be joyous if the rest of the world would eliminate their protectionist boundaries by adopting Europe's privacy laws.