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Australia fines platforms $109.2 million for ignoring the feed opt-out

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Australia's draft law lets users switch off algorithmic feeds and fines non-compliant platforms up to $109.2 million. Crypto Insight Analysis: Direction: Bearish META / Bearish GOOGL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory pressure on social platforms may reduce ad revenue.

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Australia fines platforms $109.2 million for ignoring the feed opt-out — Crypto Insight