If they indeed continue to be restrictive when it comes to crypto, what do you think could be the consequences especially when a lot of other countries are openly embracing bitcoin? Do you think that EU is doing the right thing or will they just go back on their words after seeing other countries get ahead with bitcoin?
Once other countries are making a fair regulation towards the adoption of bitcoin, then they will have no other option than to follow the mind of thier citizens as well in making thier region a bitcoin-friendly zone with thier regulations.
Most times, i see this kind of moves as a way of government trying to make bitcoin users uncomfortable the same way they have been used to fiat, but knowing that this is a different case and approach entirely, they will be more strict on thier regulations in other for them to have thier way in.