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    EU backs Data Act with clause to shut off smart contracts

    • Post author:MiamiCrypto
    • Post published:November 10, 2023
    • Post category:data act/EU/euro parliament/European Union/law/Smart Contracts

    The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law.

    Continue ReadingEU backs Data Act with clause to shut off smart contracts

    EU Data Act Proposes Shutdown Function for Smart Contracts

    • Post author:MiamiCrypto
    • Post published:March 2, 2022
    • Post category:applicability/Cryptocurrency/data act/Ethereum/EU/Regulation/Smart Contracts

    The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors that harness it. The act,…

    Continue ReadingEU Data Act Proposes Shutdown Function for Smart Contracts
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