Crypto community in shock after Brazil bans Musk-owned X.

The Supreme Court of Brazil has enforced an "immediate and complete suspension" of Elon Musk-owned Twitter, now known as X, for failing to appoint a legal representative in the South American country this week. The move has sparked outcry from the crypto community, which relies heavily on X for crypto market news and believes that the government’s shutdown only highlights the urgency of bitcoin and decentralized, censorship-resistant technology.

Brazil is holding municipal elections in October, and the country of more than 170 million requires tech platforms to appoint legal representatives to respond to government takedown notices. The Brazilian government claims X did not comply with this requirement amid a surge in hate speech and disinformation on the platform.

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