Scan to download
BTC $75,378.00 +0.46%
ETH $2,319.27 +0.46%
BNB $627.88 +1.32%
XRP $1.43 +0.55%
SOL $85.36 +0.86%
TRX $0.3304 -0.86%
DOGE $0.0949 +1.31%
ADA $0.2484 +1.34%
BCH $442.71 +0.65%
LINK $9.27 +1.52%
HYPE $41.07 -4.57%
AAVE $91.02 -1.67%
SUI $0.9453 +0.42%
XLM $0.1701 +1.38%
ZEC $311.23 -3.93%
BTC $75,378.00 +0.46%
ETH $2,319.27 +0.46%
BNB $627.88 +1.32%
XRP $1.43 +0.55%
SOL $85.36 +0.86%
TRX $0.3304 -0.86%
DOGE $0.0949 +1.31%
ADA $0.2484 +1.34%
BCH $442.71 +0.65%
LINK $9.27 +1.52%
HYPE $41.07 -4.57%
AAVE $91.02 -1.67%
SUI $0.9453 +0.42%
XLM $0.1701 +1.38%
ZEC $311.23 -3.93%

The EU is closely monitoring the structural changes of Company X

2025-06-20 12:05:58
Collection

ChainCatcher news, according to Reuters, the European Commission is seeking more information from the X platform regarding the company structure changes following Elon Musk's xAI acquisition of the social platform X (formerly Twitter) for $33 billion. An EU spokesperson confirmed that they are closely monitoring the changes in X's company structure, while EU regulators are assessing whether to impose a fine of up to 6% of global turnover on X for violating the Digital Services Act (DSA). As of now, neither X nor xAI has responded to this investigation.

app_icon
ChainCatcher Building the Web3 world with innovations.