What could the new EU Regulations, GDPR, mean for the Crypto Space?

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GDPR aims to give the individual more control over how their data is collected and processed and to make organizations accountable for data protection. Hefty fines will be imposed on those for failure to comply, fines that the authorities believe are large enough to ensure most companies will be encouraged to do so.

More on GDPR here: https://cryptodisrupt.com/gdpr-what-new-eu-regulations-could-mean-for-the-crypto-space/

What thoughts do you have on how the crypto space will help such regulations?