Wyoming Passes Law Granting Legal Status to DAOs

THE new regulation allow decentralized autonomous organizations has establish contracts with third evenings, open bank accounts, And pay Taxes, along with provide responsibility protection has It is members.

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Wyoming Governor Brand Gordon has sign In law A Invoice establishment A legal frame For THE training And management of decentralized autonomous organizations (DAO).

THE Invoice was sponsored by THE the legislature special Committee on blockchain, financial technology And digital innovation, And present A legal Status For decentralized unincorporated non-profit associations (DUNA) base In THE state.

This East huge news For DAO.

Registration as A DUNA legal entity will enable DAO has to commit In legal contracts with other entities And provide legal protection has individual DA...