Market Cap: $3.5966T -1.470%
Volume(24h): $149.4157B -32.150%
  • Market Cap: $3.5966T -1.470%
  • Volume(24h): $149.4157B -32.150%
  • Fear & Greed Index:
  • Market Cap: $3.5966T -1.470%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$105376.947920 USD

3.29%

ethereum
ethereum

$3307.450676 USD

2.02%

xrp
xrp

$3.166034 USD

3.66%

tether
tether

$0.999996 USD

0.13%

solana
solana

$256.011142 USD

8.15%

bnb
bnb

$698.345581 USD

2.71%

dogecoin
dogecoin

$0.366785 USD

7.39%

usd-coin
usd-coin

$1.000137 USD

0.01%

cardano
cardano

$0.997491 USD

2.46%

tron
tron

$0.251575 USD

5.52%

chainlink
chainlink

$25.988166 USD

7.81%

avalanche
avalanche

$36.908167 USD

5.09%

sui
sui

$4.613995 USD

7.12%

stellar
stellar

$0.433275 USD

0.14%

toncoin
toncoin

$5.216493 USD

5.40%

Cryptocurrency News Articles

Spanish PM Proposes Ending Anonymity for Social Media Users, Forcing Tech Tycoons to Provide Accountability

Jan 23, 2025 at 01:30 am

The Socialist premier has been an outspoken voice about the sector and his latest intervention comes as a fierce debate surrounding social media and their wealthy owners intensifies.

Spanish PM Proposes Ending Anonymity for Social Media Users, Forcing Tech Tycoons to Provide Accountability

Spanish Prime Minister Pedro Sanchez on Wednesday proposed putting an end to anonymity for social media users and making the tech tycoons provide accountability if their platforms “poison society.”

The Socialist premier has been speaking out about the sector, and his latest intervention comes as a fierce debate intensifies around social media and their wealthy owners.

Concern about conflicts of interest have surged after X owner Elon Musk, the world’s richest person, helped propel Donald Trump to a second term in the White House and waded into European politics.

Social media now has “huge downsides, hidden in the bowels of the algorithms like invaders concealed in the belly of a Trojan horse,” Sanchez said in English at the World Economic Forum in Davos, Switzerland.

Sanchez said that social media users must link their accounts to a form of ID to crack down on misinformation, hate speech, harassment, and bots that proliferate under the cover of anonymity.

All platforms should link every account to a “European digital identity wallet” to hold potential criminals responsible, he continued.

Regulators should be able to “force open the black box of social media algorithms” and “tycoons should be held responsible if their algorithms poison our society,” Sanchez said.

“Let’s stop those who want to turn them (digital platforms) into a weapon for dismantling our democracies… let’s make social media great again,” he concluded, in a play on Trump’s campaign slogan “Make America Great Again.”

Sanchez has already accused Musk of attacking Europe’s democratic institutions and “stirring up hatred.”

On Monday he urged Europe to fight back against a new tech “caste” seeking to control Western governments through their social media platforms.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jan 23, 2025