EU to Have a Kill Switch for Smart Contracts; Data Act Ok’d 

EU to Have a Kill Switch for Smart Contracts; Data Act Ok’d 

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The European Data Act is finalized, giving the EU added power over smart contracts. 
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The act was first proposed on March 14, 2022. 
Lawmakers of the European Union (EU) have agreed to move ahead with the European Data Act, thereby providing a kill switch for smart contracts. The controversial act has already garnered criticism from the crypto community. It aims to encourage increased use of data resources to train algorithms and update the rules for smart contracts, and the kill switch would enable successful termination of these smart contracts. 
European Data Act Finalized – EU Now Has a
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