The above is just an overview of a few challenges the blockchain sector faces, especially those concerned about privacy. A deeper exploration should entail a discussion involving specific policy frameworks and user applications. Although I cannot offer specific predictions for the future, I believe regulators will eventually draft relatively permissive laws that allow for responsible data sharing and growth, rather than treating the entire industry as an undesirable, privacy-violating monolith.
Source: https://www.coindesk.com/layer2/privacyweek/2022/01/28/a-look-at-eus-gdpr-and-what-it-means-for-crypto-privacy/