• About Us
  • Privacy Policy
  • Contact Us
Subscribe
BitcoinCryptos - News About Bitcoin & Cryptos
  • Home
  • Bitcoin
  • Ethereum
  • Dogecoin
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Dogecoin
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
No Result
View All Result
BitcoinCryptos
No Result
View All Result
Home Market

UK’s Online Safety Bill Passed to Ensure Safer Internet for Children 

September 20, 2023
in Market
0
UK’s Online Safety Bill Passed to Ensure Safer Internet for Children 
Share on FacebookShare on Twitter


The lawmakers explained that companies that fail to comply with the Online Safety Bill could face penalties of up to £18 million ($22.3 million) or 10% of their annual global turnover, providing a strong incentive for adherence to these safety standards.

The UK’s Parliament has approved the long-awaited Online Safety Bill, marking a significant milestone in making the internet safer for everyone, especially children. The legislation, which has evolved significantly over the years, is set to hold major social media accountable for their content while promoting online safety.

In an announcement on September 19, Britain’s government said that once the bill becomes law, social media sites such as Facebook, Twitter, YouTube, TikTok, and WhatsApp will have a crucial responsibility to ensure user’s safety.

The companies will be required to remove illegal content from their platforms and take measures to prevent children from accessing inappropriate material. This includes implementing stringent age verification checks and age-appropriate content measures and allowing parents to report harmful content.

New UK Safety Law Applies to the Metaverse

The bill, which is currently awaiting approval from King Charles, has undergone substantial changes since its initial proposal more than four years ago. Initially, the legislation sought to address “legal but harmful” content found on various online platforms.

However, it has now shifted its primary purpose to prioritize child protection and promptly remove illegal material from the internet.

“Our common-sense approach will deliver a better future for the British people by making sure that what is illegal offline is illegal online,” says technology secretary Michelle Donelan.

In July, lawmakers in the upper house of Parliament agreed that the “Online Safety Bill” will apply to the metaverse, a digital universe where people can seamlessly interact with each other just like the physical world.

“The metaverse is in the scope of the bill, which, as noble Lords know, has been designed to be technology neutral and future-proofed to ensure that it keeps pace with emerging technologies,” Lord Stephen Parkinson, a member of the Parliament, said.

UK Parliament Appoints Media Regulator to Enforce the Bill

To ensure these regulations are enforced effectively, the UK’s Parliament said the bill would be enforced by the country’s media regulator Ofcom. The internet watchdog has been given the authority to impose fines on companies that fail to comply with the incoming rules.

The lawmakers explained that companies that fail to comply with the Online Safety Bill could face penalties of up to £18 million ($22.3 million) or 10% of their annual global turnover, providing a strong incentive for adherence to these safety standards.

In a separate statement, Ofcom chief executive Dame Melanie Dawes said the regulator is ready to start the implementation of the rules as soon as it receives its final Royal Assent.

“Today is a major milestone in the mission to create a safer life online for children and adults in the UK. Everyone at Ofcom feels privileged to be entrusted with this important role, and we’re ready to start implementing these new laws,” said she.

She further stated that Ofcom will consult on the first set of requirements that it expects the companies to meet to tackle illegal online harm, including child sexual exploitation, fraud, and terrorism.

WhatsApp Threatens to Leave the UK Market

While the Online Safety Bill focuses on internet protection against bad actors, it has not been without criticism. One notable issue concerns its potential impact on encrypted messaging services like WhatsApp. These platforms fear that they may be required to compromise their end-to-end encryption protocols to meet the bill’s stringent requirements, raising concerns about user privacy.

Earlier this year, WhatsApp threatened to leave the UK if forced to comply with the online safety rules in March. The company’s head, Will Cathcart, said in a post on X that WhatsApp will never break its privacy policy.

“The fact remains that scanning everyone’s messages would destroy privacy as we know it. That was as true last year as it is today,” Cathcart wrote. “@WhatsApp will never break our encryption and remains vigilant against threats to do so.”

next

Market News, News, Technology News

Chimamanda U. Martha

Chimamanda is a crypto enthusiast and experienced writer focusing on the dynamic world of cryptocurrencies. She joined the industry in 2019 and has since developed an interest in the emerging economy. She combines her passion for blockchain technology with her love for travel and food, bringing a fresh and engaging perspective to her work.

Thank you!

You have successfully joined our subscriber list.



Source link

Related articles

Bitcoin ETF Inflows Hit $412M Despite Geopolitical Tensions

Bitcoin ETF Inflows Hit $412M Despite Geopolitical Tensions

June 17, 2025
Cathie Wood’s ARK Dumps First Circle Shares for $52M

Cathie Wood’s ARK Dumps First Circle Shares for $52M

June 17, 2025
Tags: billChildrenEnsureInternetOnlinePassedSaferSafetyUKs
Share76Tweet47

Related Posts

Bitcoin ETF Inflows Hit $412M Despite Geopolitical Tensions

Bitcoin ETF Inflows Hit $412M Despite Geopolitical Tensions

June 17, 2025
0

US spot Bitcoin exchange‑traded funds (ETFs) recorded $412.2 million in net inflows on Monday, extending their streak to six days...

Cathie Wood’s ARK Dumps First Circle Shares for $52M

Cathie Wood’s ARK Dumps First Circle Shares for $52M

June 17, 2025
0

ARK Invest, the cryptocurrency-friendly asset manager founded by prominent Bitcoin bull Cathie Wood, is taking the first profits from its...

XRP traders predict new all-time highs as ETF approval odds rise to 85%

XRP bull pennant projects a 530% price rally to $14

June 17, 2025
0

Key takeaways:XRP’s price has been trading between $2.05 and $2.40 over the last month while consolidating in a bull pennant...

Genius Group Bitcoin treasury grows 52% towards 1,000 BTC Goal

Genius Group Bitcoin treasury grows 52% towards 1,000 BTC Goal

June 17, 2025
0

Genius Group, a Singapore-based artificial intelligence education company, expanded its corporate Bitcoin treasury by more than 50% amid increasing institutional...

US DOJ requests 20-year sentence for Celsius founder Alex Mashinsky

Mashinsky Won’t Get Assets From Celsius Debtors

June 17, 2025
0

Former Celsius CEO Alex Mashinsky has agreed not to claim any assets from the Celsius bankruptcy proceeds.In a motion filed...

Load More
Ripple (XRP) Rocketed to All-Time High Levels Last Time This Happened: Will History Repeat?

Ripple (XRP) Rocketed to All-Time High Levels Last Time This Happened: Will History Repeat?

June 17, 2025
0

TL;DR XRP’s Bollinger Bands have tightened recently, which may be a precursor to a significant price swing in either direction....

Bitcoin ETF Inflows Hit $412M Despite Geopolitical Tensions

Bitcoin ETF Inflows Hit $412M Despite Geopolitical Tensions

June 17, 2025
0

US spot Bitcoin exchange‑traded funds (ETFs) recorded $412.2 million in net inflows on Monday, extending their streak to six days...

Metaplanet Offers 10X Forward BTC Yield Than Strategy, Which Is Better?

Metaplanet Offers 10X Forward BTC Yield Than Strategy, Which Is Better?

June 17, 2025
0

Key NotesMetaplanet’s stock has become a dominant Bitcoin proxy in Japan, benefiting from Japan's sub-1% bond yields, no spot Bitcoin...

Bitcoin Hits Record $106.5K as Whale Wallets Surge Amid Trump Comments

Binance Sees 4,500 BTC Withdrawn and $400M Stablecoin Inflows

June 17, 2025
0

The Bitcoin and broader crypto markets are facing another decline as Middle East tensions rise. This follows President Trump’s abrupt...

Cathie Wood’s ARK Dumps First Circle Shares for $52M

Cathie Wood’s ARK Dumps First Circle Shares for $52M

June 17, 2025
0

ARK Invest, the cryptocurrency-friendly asset manager founded by prominent Bitcoin bull Cathie Wood, is taking the first profits from its...

We have all the news related to the crypto market and we make sure to bring and publish all the updates as fast as we can.

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Litecoin
  • Market
  • Regulation

Archives

  • 2025
  • 2024
  • 2023
  • 2022
  • 2021

Newsletter

    • About Us
    • Privacy Policy
    • Contact Us

    © 2021 bitcoincryptos.com

    Please enter CoinGecko Free Api Key to get this plugin works.
    No Result
    View All Result
    • Home
    • Bitcoin
    • Ethereum
    • Dogecoin
    • Litecoin
    • Cryptocurrency
    • Blockchain
    • Regulation
    • Market
    • Prices

    © 2018 JNews by Jegtheme.