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EU backs Data Act with clause to shut off 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.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

EU backs Data Act with clause to shut off 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.

Why this matters

This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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