<p><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/1f5ea436-a2d1-41c6-bf02-1aad0e9d599c.jpg"></p><p> The Data Act was first proposed in early 2022 and passed by the European parliament on March 14. </p>