ChatGPT and Roblox Under EU Scrutiny Due to 45 Million Users
Chatbot ChatGPT and gaming platform Roblox Corp. will come under increased scrutiny from the European Union due to exceeding 45 million monthly active users. The European Commission plans to grant them the status of "very large online platforms" (VLOP) under the Digital Services Act, with an official decision expected in August. The VLOP status imposes strict obligations: companies must regularly submit transparency reports, develop risk mitigation plans, and pay an annual fee. Violations can result in fines of up to 6% of annual global revenue. The law aims to protect minors online and combat harmful content. Roblox, previously criticized for child safety, is tightening controls over interactions with minors. The company is also expanding its advertising direction, which will require compliance with new DSA marketing transparency requirements for children. The application of DSA norms has caused discontent within the U.S. presidential administration, which accused the EU of censorship. The European Commission has already imposed significant fines, including 550 million euros on Alibaba for inadequate risk assessment.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Gold Prices Surpass $4,100 Amid Dollar Weakness

Amazon Reports $62 Billion Profit in Quarter: What Explains the Surge

Vaca Muerta: Why Premium Sands Are Displacing Local Ones and the Plan to Revolutionize Logistics with Trains, Rivers, and a Federal Regime

Dollar: BCRA Accelerated Purchases, Exceeding $2 Billion in July

ENS Scales Back Plan to Move DAO Treasury Control to New Foundation

Warning About the High Danger of an Unprecedented Cocktail of Synthetic Drugs

The Paradox of Stablecoins: Capitalization Decreases, but Utility Increases

Tension in Spain over the Julián Álvarez case: Atlético Madrid reported Barcelona and the Argentine could face sanctions

Vicuña Obtains Final Approval for RIGI and Accelerates Argentina's Largest Copper Project

The Innovative 3D Printing Invention: The Machine That Creates Real Color Parts with High Precision

The Picturesque Town of Buenos Aires Known for Its Great Gastronomy

The Best Crypto APIs for Trading Bots and AI Agents in 2026

OpenAI Confirms Four More Hacked Platforms After Hugging Face

He made 439% with AI, his own banks forced him to sell everything

Alagoas Court Orders Brazilian Bitcoin Wallet to Return Investor's Balance Under Penalty of Fine

Your 'Sexual Wellness' Pills Order Info From Hims Got Shared With Meta, Says FTC

Inflation Expectations Rise, Approaching 36% for the Next 12 Months

$7.5 billion raised, $1,306 in daily revenue: The graveyard of ghost blockchains

New Purchasing Regime for Imports by ARCA: Limits, Eligible Products, and Key Points

Elon Musk's xAI Sues Minnesota to Kill the US's First AI Nudification Law

Evernorth updates SEC filing for $1B XRP treasury

Tether Now Has Two Stablecoins; USAT Targets the U.S. Market While USDT Remains Global

Strategy Sells Shares to Pay Dividends? Smells Like a Pyramid Scheme

What It Means to Sleep Covered, Even When It's Hot, According to Psychology

Bitcoin: The Largest Russian Miner Wobbles After Its Founder’s Incarceration

ETF: Capital Flows Back to Bitcoin at the Expense of Ethereum

Kospi: Even a 19-fold profit at Samsung is not enough to calm the panic

ANSES Discounts for Retirees at Supermarkets: How to Access and Which Stores Participate

From Stock Trading to Cryptocurrency Trading: Welcome Back to the Original Family












