⛔ TikTok leaked EU user data to China — fine €530 million

EU regulators fined TikTok €530 million for:

• Illegal transfer of user data to China

• Violation of GDPR rules — data protection laws

• Lack of transparency in how and where the information goes

Why is this important?

• The EU is tightening control over Big Tech

• This news could harm TikTok's reputation and increase tension in relations with China

• Privacy issues are back on the agenda — which means privacy-focused cryptocurrency could rise

Subscribe if you are following the conflicts between tech giants, laws, and the crypto market.