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EU Tries To Slip In New Powers To Intercept Encrypted Web Traffic Without Anyone Noticing
(www.techdirt.com)
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There are already multiple PKI stores on every system, managed by different entities. This is an attempt by demagogues to get around that problem using law to twist their arms.
He's implying presenting it differently to the user: "secure" and "EU approved".
I'm assuming the EU will fight hard to prevent that though.