The White House just weighed in on Europe's crackdown against 𝕏. Trump made it clear he's not buying the EU's move to fine Musk's platform — called it questionable, even wrong.
Here's the thing: Musk hasn't reached out for backup, but Trump volunteered his take anyway. "I don't see how they can do that," he said, throwing shade at Brussels' regulatory playbook. Then came the warning shot: Europe better watch its step, because some of these policy directions? Not looking good.
Why does this matter for Web3? Because regulatory overreach doesn't stop at social platforms. If governments can strongarm tech giants like this, decentralized projects aren't immune. Trump's pushback signals a brewing clash between innovation hubs and control-hungry regulators — and that fight's gonna shape how crypto and blockchain evolve in the West.
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The White House just weighed in on Europe's crackdown against 𝕏. Trump made it clear he's not buying the EU's move to fine Musk's platform — called it questionable, even wrong.
Here's the thing: Musk hasn't reached out for backup, but Trump volunteered his take anyway. "I don't see how they can do that," he said, throwing shade at Brussels' regulatory playbook. Then came the warning shot: Europe better watch its step, because some of these policy directions? Not looking good.
Why does this matter for Web3? Because regulatory overreach doesn't stop at social platforms. If governments can strongarm tech giants like this, decentralized projects aren't immune. Trump's pushback signals a brewing clash between innovation hubs and control-hungry regulators — and that fight's gonna shape how crypto and blockchain evolve in the West.