The EU Plans to Ban Social Media for Under

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-09-21 • Permanent link

Riots broke out in Moscow's city center yesterday, with at least two people killed and an oil refinery set ablaze in the chaos. The violence came as voters in Russia's 12th parliamentary district cast their ballots, with many reporting long lines and irregularities at polling stations. The protests, which began as a response to the violent suppression of Russia's parliamentary elections, quickly escalated into widespread rioting, with protesters clashing with police in streets and squares across the city. The Kremlin has since imposed a state of emergency, deploying troops to the capital to restore order.

Investors are on high alert as the Binance announcement sends shockwaves through the global cryptocurrency market. The company's decision to suspend all withdrawals and deposits has sparked fears of a potential security breach, with many investors scrambling to make sense of the situation. The move has also raised questions about the stability of the cryptocurrency market as a whole, with many analysts warning of a potential contagion effect. The value of Binance's token has plummeted, with some investors reporting losses of up to 20% in a single day.

The EU's plans to ban social media for under-18s have been met with skepticism by industry experts, who argue that such a move would be impossible to implement. The EU's Kids Act, aimed at curbing Big Tech's grip on children, relies on age checks and parental oversight, but many experts warn that these measures would be difficult to enforce. The plan has also raised concerns about the impact on online safety and free speech, with many arguing that a blanket ban on social media would be an overreach of regulatory power.

As the Binance crisis continues to unfold, regulators are likely to take a closer look at the company's security measures. The US Securities and Exchange Commission (SEC) has already launched an investigation into Binance's operations, and many analysts expect the company to face increased scrutiny in the coming weeks. The outcome will be closely watched by investors and regulators alike, with many predicting that the crisis could have far-reaching implications for the cryptocurrency market as a whole.