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Blockchain
CFTC: smart contracts should be under legal framework
Smart contracts must be managed in accordance with the general provisions of the regulatory framework, according to the member of the US Commodity Futures Trading Commission (CFTC) Brian Quintens, who was speaking at the 38th annual GITEX Technology Week conference in Dubai. According to Quintens, the majority of smart contracts on blockchain operate automatically and independently thus comply with the internal requirements. Therefore, among the participants of the crypto community is widely believed that "the code is the law." However, the expert insists that “smart contracts” should be re
