European cookie fines redefine trust in the future of cryptocurrencies

European regulators are stepping up scrutiny of digital privacy, with the French National Information and Freedoms fined Google a record 325 million euros and Shein a 150 million euros fine for its systematic breach of Cookie consent regulations. These actions highlight a stricter implementation of transparency and user consent requirements, especially for manipulative “dark modes”. For encryption platforms that usually rely on similar data collection mechanisms, this means a strong compliance strategy needs to be developed, with priority on protecting real user privacy. The ever-changing regulatory landscape, including the EU Artificial Intelligence Act, presents both challenges and opportunities for crypto applications that try to attract users from poorly compliant exchanges such as Binance.