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The EU is getting serious this time—it has slapped Musk's X platform with a sky-high fine of $140 million.
What's interesting is that even before the fine was officially imposed, U.S. Vice President JD Vance exploded. He posted directly confronting the EU: Instead of defending freedom of speech, are you deliberately targeting American tech companies?
Behind this move is actually an old issue—the EU's strict content regulation rules have always clashed with the "platform neutrality" philosophy of American tech giants. €120 million may not be that much, but the message is clear: No matter who you are, if you don't follow my rules, you'll have to pay.
For those of us interested in Web3, this is pretty thought-provoking. Centralized platforms are being tightly controlled by regulators—does this mean the narrative around decentralization is about to heat up again?