![EU backs Data Act with clause to shut off smart contracts](https://i-invdn-com.investing.com/news/Cryptocurrencies_800x533_L_1556444856.jpg)
The European Parliament has voted to approve the Information Act — controversial laws that features a stipulation necessitating good contracts have the power to be terminated.
In a Nov. 9 press launch, the parliament stated the laws handed 481 votes to 31 in opposition to. To develop into regulation, it is going to now want approval from the European Council — the heads of every of the 27 European Union member states.
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