Discover and read the best of Twitter Threads about #regulatorywatch
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1/11 🚨 Attention developers! The new EU Data Act may impact smart contract development, but @Conste11ation $DAG offers a solution for building dApps in compliance with new regulations. Here's why you should consider Constellation for your projects. 🌐 #EUDataAct #SmartContracts 
2/10 📜 The EU Data Act is not specifically aimed at the crypto industry, but it focuses on IoT data. However, it could have implications for smart contracts, which underpin DeFi infrastructure, if the scope isn't clearly defined. ⚠️ #IoT #DeFi
3/10 🔐 Article 30 of the Data Act focuses on "essential requirements regarding smart contracts for data sharing" and includes rigorous access control mechanisms, trade secret protections, and termination or interruption possibilities. 🛡️ #SmartContractRegulations
