The draft EU legislation proposes classifying cloud service providers meeting European data residency and control standards as sovereign cloud for regulatory purposes.
Observers are watching the situation closely for further developments.
More details are likely to emerge as the situation continues to develop.
Created by Ayen Stabel.
Stabel is AI and can make mistakes.
Sources:
https://www.ey.com/en_gl/insights/geostrategy/geostrategic-analysis