Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
The EU Parliament approves a data bill that requires smart contracts to have termination designs, which may make smart contracts illegal
2023-11-09 15:45:08
Odaily News The European Parliament approved a data bill that requires smart contracts to have termination designs. This clause may make most smart contracts illegal. The legislation now needs formal approval from the European Council, which consists of the heads of state of the 27 member states. According to a review by CoinDesk, the bill has a provision that requires automated data sharing agreements to be safely terminated, including smart contracts. Blockchain-related organizations such as Stellar, Polygon, NEAR, and Cardano expressed their concerns in an open letter.