2 chapters across the catalog
Twitter has filed registration paperwork with FinCEN to pave the way for processing payments, signaling Elon Musk's intent to turn the platform into an "everything app" similar to China's WeChat. Musk envisions Twitter functioning like a money market account where users can earn interest. In response, Senator Sherrod Brown has introduced legislation to close "shadow banking" loopholes.
FCC Chairman Ajit Pai announced plans to move forward with a rulemaking to clarify Section 230 of the Communications Act following concerns over social media censorship. The move comes after Twitter and Facebook restricted the distribution of a New York Post story about Hunter Biden. The debate centers on whether tech platforms should retain liability immunity if they engage in editorial-style content moderation and censorship.
