The EU has just issued a massive fine to the X platform—120 million euros! The reason is a violation of the Digital Services Act. This is a significant amount, and it looks like the EU is serious this time. For social platforms and Web3 projects, compliance issues really can't be taken lightly, since regulatory actions can come at any moment. For those of you working on projects, isn't it time to re-evaluate your compliance strategies?
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SelfMadeRuggee
· 5h ago
The EU is really ruthless with this move—imposing a fine of 120 million just like that. Everyone in Web3 needs to wake up now.
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pvt_key_collector
· 12-06 14:54
The EU is getting serious—120 million gone just like that. Now Web3 folks are going to have trouble sleeping.
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FUD_Whisperer
· 12-06 14:54
The EU is ruthless with this move, directly slapping down 120 million. X must be feeling the pain.
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MintMaster
· 12-06 14:52
Damn, X really got screwed this time—€120 million fine just like that.
The EU is really ruthless with these tactics. Looks like we’ll have to take compliance seriously now.
Web3 folks probably can’t keep it together this time; the regulators mean business.
Musk will definitely tweet to complain about the EU again, haha.
At the end of the day, we have to take compliance seriously, or else fines will keep coming.
The EU has just issued a massive fine to the X platform—120 million euros! The reason is a violation of the Digital Services Act. This is a significant amount, and it looks like the EU is serious this time. For social platforms and Web3 projects, compliance issues really can't be taken lightly, since regulatory actions can come at any moment. For those of you working on projects, isn't it time to re-evaluate your compliance strategies?