Apple just got hit with a $116 million fine from Italian authorities over app consent requirements. The regulatory action targets Apple's handling of user permissions on its App Store—specifically how the company manages dual-consent mechanisms for data collection.

This move reflects a broader crackdown on tech giants' data practices across Europe. Regulators are tightening rules around user privacy and consent frameworks, raising the bar for how platforms handle user information.

The fine underscores an important reality: even the biggest tech companies aren't immune to regulatory pressure when practices fall short of privacy standards. It's a reminder that compliance requirements are getting stricter across industries—something worth watching as the Web3 and crypto space navigates its own regulatory landscape.