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EU backs Data Act with clause to shut off smart contracts
10.11.2023
The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law
EU Data Act smart contract ‘kill switch’ brings uncertainty
23.8.2023
EU lawmakers have reached a political consensus on the Data Act that has a “kill switch” for smart contracts, causing an uproar in the crypto community
EU Data Act Proposes Shutdown Function for Smart Contracts
2.3.2022
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 subject of smart contracts and proposes that every smart contract should have a termination function...
US Senators Introduce ‘Lawful Access to Encrypted Data Act’ — With Backdoor Mandate
25.6.2020
US lawmakers have introduced the Lawful Access to Encrypted Data Act to ensure law enforcement can access encrypted information. This bill is “a full-frontal nuclear assault on encryption in the United States,” one expert says. It requires manufacturers of encrypted devices...