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So uh, you think Google doesn't operate or do business in the EU? They have 20+ offices there. In the example I gave, they would 100000% be subject to GDPR, fullstop; it's not a question, matter of opinion, or debate. They'd even be subject to it if an EU citizen was physically inside the US on vacation and opened a Fi account while they were here.
I'm from Virginia and knowing compliance stuff (GDPR, CCPA, PCI DSS, NIST 800-*, etc) is a requirement of my job.
Nobody's discussing Googles EU operations, clearly they can enforce any shit they want within their own borders. The discussion is Google Fi, which is US only. I'm also in VA, and assuming like you, do a lot of work connected to gov't, and sorry, but compliance certs being required by your job are relevant to a foreign govt trying to enforce their regulations outside of their borders to a service thats not even available to their citizens is relevant how exactly?