BTC $65,399.37 -0.62%
ETH $1,914.53 +0.07%
BNB $569.29 +0.27%
XRP $1.12 +0.23%
SOL $77.08 +0.05%
TRX $0.3289 +0.01%
DOGE $0.0721 +0.03%
ADA $0.1726 +1.06%
BCH $215.72 -2.17%
LINK $8.52 -0.57%
HYPE $58.49 -0.03%
AAVE $96.95 +1.35%
SUI $0.7691 +1.83%
XLM $0.1836 -2.51%
ZEC $514.21 +0.19%
BTC $65,399.37 -0.62%
ETH $1,914.53 +0.07%
BNB $569.29 +0.27%
XRP $1.12 +0.23%
SOL $77.08 +0.05%
TRX $0.3289 +0.01%
DOGE $0.0721 +0.03%
ADA $0.1726 +1.06%
BCH $215.72 -2.17%
LINK $8.52 -0.57%
HYPE $58.49 -0.03%
AAVE $96.95 +1.35%
SUI $0.7691 +1.83%
XLM $0.1836 -2.51%
ZEC $514.21 +0.19%

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.