European Union Amends Data Law, Requires Forced Termination in Smart Contracts
According to recent reports, the European Union's Council has passed a new amendment to data law which requires smart contracts to have the option of forced termination. Smart contracts are automated programs stored on the blockchain that can be executed without the need for a third party. The ...
EU Proposes Amendments to Anti-Money Laundering Legislation for Cryptocurrencies
The European Parliament is currently discussing proposed amendments to the EU's anti-money laundering legislation. These amendments, if passed, would impose limitations on the lump sum of anonymous transactions. However, according to Damien Carême, MEP and one of the initiators of the bill, these ...