European regulators urged to reconsider smart contract laws threatening DeFi

European regulators urged to reconsider smart contract laws threatening DeFi


Cryptopolitan
2023-05-08 15:19:28

Europe’s blockchain industry is lobbying against legislation that could negatively impact smart contracts and decentralized finance (DeFi) protocols. The Data Act, set for final negotiations by the end of June, aims to regulate data sharing within Internet-of-Things networks. However, the DeFi sector is concerned that the scope of the legislation, which includes a dedicated article ... Read more