PANews reported on February 21 that, according to the European media outlet Brussels Times, Elon Musk's X platform has appealed the €120 million fine imposed byPANews reported on February 21 that, according to the European media outlet Brussels Times, Elon Musk's X platform has appealed the €120 million fine imposed by

Musk's X platform has appealed the European Commission's €120 million fine.

2026/02/21 14:46
1 min read

PANews reported on February 21 that, according to the European media outlet Brussels Times, Elon Musk's X platform has appealed the €120 million fine imposed by the European Union for alleged violations of the Digital Services Act. This fine, imposed by the European Commission last December, is the first penalty issued by the EU under this digital regulatory law, which requires large platforms to combat illegal content, misinformation, and abuse. In a statement released on its own platform, X stated that it is appealing the penalty, arguing that the EU investigation was flawed. The company stated: "This decision stems from an incomplete and superficial investigation, with serious procedural errors, a misinterpretation of obligations under the Digital Services Act, and a systematic violation of the right to defense and due process."

Market Opportunity
The AI Prophecy Logo
The AI Prophecy Price(ACT)
$0.01495
$0.01495$0.01495
+0.80%
USD
The AI Prophecy (ACT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Orbix-AI Unveils “The Brain of the Market”: A New Era of Predictive Analytics with Its Advanced AI Trading Indicator

Orbix-AI Unveils “The Brain of the Market”: A New Era of Predictive Analytics with Its Advanced AI Trading Indicator

Orbix-AI today announced the launch of its groundbreaking AI Trading Indicator. It is meant to be a paradigm shift in the volatile market that is already dominated
Share
Techbullion2026/02/21 16:04
OpenAI Cuts Spending Target to $600B and Projects $280B Revenue by 2030

OpenAI Cuts Spending Target to $600B and Projects $280B Revenue by 2030

TLDR OpenAI has cut its infrastructure spend target from $1.4 trillion to $600 billion by 2030 The company is projecting $280 billion in revenue by 2030, up from
Share
Coincentral2026/02/21 16:44
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40