“We need to harmonize basic requirements for these smart contracts” to ensure interoperability, legal certainty and large scale deployment, said Breton, the commission’s lead official responsible for internal market laws, including for the digital sector. “When we made this proposal we intended to mandate standardization organizations to develop these.”
Related posts
-
SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate
U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda... -
Cathie Wood’s Ark Invest Halts Spot Ethereum ETF Plans
Cathie Wood’s Ark Investment Management has withdrawn from the... -
SEC Commissioner Proposes Joint US-UK Digital Securities Sandbox
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce...