EU set to propose social media and AI chatbot ban for under-15s

Crypto Insight Summary: The European Union is putting together a proposal to establish guidelines under which children below the age of 15 would be prohibited from using social media, video-sharing platforms, AI chat services, and online games. If this proposal becomes law, its provisions will be set out in the EU Kids Act and will require the verification... Crypto Insight Analysis: Direction: Bearish META / Bearish SNAP / Bearish GOOGL Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Potential user base reduction for social platforms in EU market.