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EU Parliament’s Smart Contract Plans Limit Standard-Setting Promise, EU Commissioner Says

“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.” Source

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eBay NFT platform KnownOrigin launches creator smart contract

According to a new twitter post on Feb. 16, e-commerce platform eBay's nonfungible tokens (NFT) marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split earnings and earn royalties as co-creators. As told by KnownOrigin, users have been testing its Creator

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Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse – Defi Bitcoin News

The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back On Thursday, Feb. 2, 2023,

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PBoC Launches Digital Yuan Smart Contract Functionality on E-Commerce App Meituan

The Chinese central bank has launched smart contract functionality for its digital yuan amid new use cases.China recently launched smart contract functionality on its digital yuan via one of its prominent indigenous e-commerce apps, Meituan. Through this newly-enabled smart contract, users could win part of a daily monetary price ($1,312)

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Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days – Defi Bitcoin News

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to the current $321

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