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Brazil CMN blocks FIDC exposure to lawsuits and court orders, R$64bn at risk
InfoMoney·BR·2 days ago
A Brazilian Federal Court, acting on a request from the AGU, ordered Discord to immediately implement enhanced security measures to protect minors, with daily fines up to R$ 100,000 for non-compliance. The order follows ongoing concerns about platform safety for children and adolescents. This marks a regulatory escalation in Brazil's oversight of tech platforms, potentially setting a precedent for other social media companies.