digitalservicesact

💶 EU Fines X €120M for Transparency Violations

The EU has penalized X for breaching the Digital Services Act:

Deceptive blue checkmarks

Lack of clear ads repository

Blocking researchers from public data

Misleading verified users & data handling concerns

This marks a stronger EU push for tech transparency and accountability.

#EU #DigitalServicesAct #Tech #Regulation #X

Here are the top 10 crypto news stories for January 9, 2025:

Fidelity predicts Bitcoin integration into reserves by 2025 to fuel market growth. #BitcoinReserves
Altcoin Seasonality Index drops to 44, reflecting a significant decline. #AltcoinSeason

41% of Republicans own cryptocurrency, according to a University of Pennsylvania study. #CryptoAdoption

EU investigates Platform X for potential Digital Services Law violations. #DigitalServicesAct

Thailand launches Phuket crypto payment initiative for tourists. #CryptoTourism

Czech Central Bank Governor considers purchasing Bitcoin for reserves. #BitcoinDiversification

Bitcoin trading at $92,686, maintaining its position as a market benchmark. #BitcoinPrice

Ethereum priced at $3,247, leading in DeFi and NFTs. #Ethereum

Binance Coin trading at $697, showing strong utility within the Binance ecosystem. #BinanceCoin

Ripple’s XRP regains momentum, trading at $2.32, with increasing adoption in cross-border payments. #Ripple

Let me know if you need more details on any of these stories!

🚨 Евросоюз против Илона Маска: штраф на $1 миллиард?! 😳

Скандал набирает обороты: ЕС может влепить штраф в $1 млрд соцсети X (бывший Twitter) — и в расчёт хотят включить доходы Tesla и SpaceX! 🚀⚡

📜 По данным The New York Times, X якобы нарушила Закон о цифровых услугах ЕС (DSA), который требует контроля за вредным контентом. Нарушение может стоить компаниям до 6% от мирового оборота! 💸

💥 Реакция X не заставила ждать:

«Это — политическая цензура и атака на свободу слова».

«Мы сделали больше, чем от нас требовали. И будем бороться!»

Еврокомиссия комментариев пока не дала, но пообещала действовать «справедливо и без дискриминации».

💬 Кто прав — регуляторы или Маск? Ждём твоего мнения👇

#ElonMusk

#X

#EURegulations

#FreeSpeech

#DigitalServicesAct

EU Poised to Hit Elon Musk’s X with Major Penalties Over Digital Services Act Violations

The European Union is reportedly gearing up to slap Elon Musk’s social media platform, X, with significant penalties for breaching the Digital Services Act (DSA), according to The New York Times. The law targets illegal content and the spread of disinformation.

Sources say the penalties could include a fine exceeding $1 billion, along with mandates for product changes—marking the first major enforcement action under the DSA, which requires stricter content moderation from platforms.

The investigation, which began in 2023, is unfolding separately from ongoing U.S.-E.U. tariff talks, despite broader regulatory tensions. X also faces a wider probe into its handling of user content, particularly around hate speech and misinformation.
#NewsDaily #TechRegulation #DigitalServicesAct

The EU has fined X a total of 120M euros for breaking transparency rules under the Digital Services Act.

Regulators say the platform used a deceptive blue checkmark system failed to provide a clear ads repository and blocked researchers from accessing public data.

The penalties also cover misleading practices toward verified users and concerns around how user information is handled.

This decision shows the EU is tightening pressure on major platforms to follow stricter transparency and data standards.

#EU #DigitalServicesAct #Tech #Regulation #X