Australia's stepping up the game on digital platforms. Their PM just issued a sharp reminder to social media giants: starting Wednesday, the kid account ban goes live, and platforms better be ready to face the music if they slip up.
This move raises questions beyond traditional social platforms. As Web3 and decentralized networks grow, how will regulatory frameworks adapt? Centralized platforms have clear accountability structures, but what happens when responsibility gets distributed across protocols?
The countdown's on. Wednesday marks a real test of enforcement in the digital age.
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LonelyAnchorman
· 14h ago
NGL, this move by Australia is really tough, but the problem is, who’s in charge of Web3? Who’s responsible on-chain?
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BlockchainTherapist
· 20h ago
Australia is really tough this time, directly banning small accounts... But what I'm more concerned about is, how will decentralized protocols be regulated? Who will bear the responsibility?
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GateUser-26d7f434
· 20h ago
ngl Australia is directly targeting mainstream platforms this time. What will web3 do about it? Who will take the blame for decentralization...
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ClassicDumpster
· 21h ago
Is this move by Australia going to work? They really dare to take on big companies like Meta.
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RebaseVictim
· 21h ago
Nah, Australia is really tough this time, but how are they going to regulate distributed protocols? They probably haven't figured out the rules yet, right?
Australia's stepping up the game on digital platforms. Their PM just issued a sharp reminder to social media giants: starting Wednesday, the kid account ban goes live, and platforms better be ready to face the music if they slip up.
This move raises questions beyond traditional social platforms. As Web3 and decentralized networks grow, how will regulatory frameworks adapt? Centralized platforms have clear accountability structures, but what happens when responsibility gets distributed across protocols?
The countdown's on. Wednesday marks a real test of enforcement in the digital age.