EU Data Act Proposes Shutdown Function for Smart Contracts
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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, in its large scope, touches on the…
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The European Union has made a landmark move by passing the new “Data Act.” It includes a controversial smart contract kill switch provision. This provision, a part of the legislation regulating data sharing, has sparked intense debate within the cryptocurrency industry. EU Approves Data Act with Smart Contract Kill Switch…
The Senate Banking Committee voted 15-9 on Thursday to move forward on the CLARITY Act, a crypto market structure proposal that has been the subject of debate for a while now. Nevertheless, just ahead of the vote, the Bank Policy Institute (BPI) put out a series of tweets on X…