Whoa, just saw this drop—the EU just slapped X with a massive $140M fine for breaking transparency rules on their platform.



Seems like regulators aren't playing around anymore when it comes to how these big tech platforms operate. The fine stems from violations of regulations that require online platforms to be more transparent about their operations and content moderation practices.

This isn't just about one company getting dinged. It's part of a bigger wave where governments worldwide are tightening the screws on centralized platforms. Makes you wonder how this regulatory heat might eventually spill over into the crypto and Web3 space, especially as decentralized platforms keep growing.

Anyone else thinking this could set a precedent for how authorities might approach transparency requirements across different types of digital platforms?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
FlashLoanLarryvip
· 17h ago
ngl, 140M is basically rounding error for X's opportunity cost when you factor in their actual liquidity constraints... but the precedent? that's where the real MEV extraction starts for regulators lol
Reply0
WalletDetectivevip
· 17h ago
140 million fine, the EU is serious this time... Is this the beginning of the end for centralized platforms?
View OriginalReply0
AirdropDreamBreakervip
· 17h ago
A 140 million fine really hurts, but this will definitely force the Web3 side to catch up as well.
View OriginalReply0
AirdropHunterWangvip
· 17h ago
$140M? The EU is really tough, but Elon should have been mentally prepared for this.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)