When governments enter emerging markets, it can unsettle innovators already present.
However, for founders, anticipating regulation is part of the job and an advantage, writes James Spalding.
Prime Minister Keir Starmer announced plans for a government-backed "Britcard", reigniting Britain's long-running policy debate on digital identity.
The proposal involves a single, state-run identity system to simplify access to services and manage migration.
Although the plan made headlines nationwide, sparking civil and ethical conversations, many missed that the necessary technology and legislation already exist.
The proposal has been repackaged for the digital age.
Author's summary: Britcard sparks debate on digital identity.