• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

US Secretary Instructs Diplomatic Efforts Against EU's Digital Services Act

user avatar

by Giorgi Kostiuk

3 days ago


Marco Rubio, the US Secretary of State, has initiated lobbying efforts against the European Union's Digital Services Act (DSA), claiming it undermines freedom of speech and unfairly affects American tech companies.

Digital Services Act and Its Objectives

The Digital Services Act came into effect earlier this year as part of the EU's effort to regulate digital platforms. It mandates large tech firms to take action against illegal online content, including hate speech, misinformation, and child exploitation materials.

US Opposition to DSA and Its Implications

Washington views the DSA's rules as overreaching, asserting that it imposes 'undue' restrictions on expression while placing excessive compliance burdens on US firms. Diplomats have been instructed to lobby for 'repeal and/or amendment' of the DSA across the EU's 27 member states.

Response from Companies and European Officials

Major US companies, including Meta and Elon Musk with X (formerly Twitter), have raised concerns that the DSA may lead to censorship. European officials maintain that the DSA is not aimed at American companies and is essential for ensuring safety and transparency in the digital domain.

The situation surrounding the DSA highlights the growing transatlantic tension between the EU and the US regarding digital technology regulation. The effectiveness of Washington's diplomatic pressure on European capitals remains uncertain.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Arthur Hayes Returns: A New Chapter in Crypto Trading

chest

Arthur Hayes has re-entered the crypto market, igniting optimism among traders and analysts.

user avatarGiorgi Kostiuk

Impact of Glass Full Foundation on Solana Memecoins

chest

The launch of Glass Full Foundation by Pump.fun led to a rally in memecoins on Solana and increased liquidity for the PUMP token.

user avatarGiorgi Kostiuk

China Investigates Cryptocurrency Frauds

chest

Chinese authorities enhance scrutiny on unregistered crypto projects to protect investors and prevent fraud.

user avatarGiorgi Kostiuk

Bo Hines Resigns, Patrick Witt Takes Over Crypto Leadership

chest

Bo Hines has resigned as the White House digital assets director; Patrick Witt will continue pro-crypto policies.

user avatarGiorgi Kostiuk

Brown University's Investment in Bitcoin ETF Nearly Doubles

chest

Brown University has raised its Bitcoin ETF holdings to $13 million, highlighting increased institutional support for cryptocurrency.

user avatarGiorgi Kostiuk

Ethereum and Dogecoin Rally, XRP and Cardano Attract Investor Interest

chest

Ethereum and Dogecoin see gains, while XRP and Cardano become attractive for investors.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.