"This week, Wyoming passed a new law to recognize DAOs as legal entities, enabling blockchain networks to operate within the bounds of applicable laws without compromising their decentralization."

  • Quote

Name

"This week, Wyoming passed a new law to recognize DAOs as legal entities, enabling blockchain networks to operate within the bounds of applicable laws without compromising their decentralization."

Types

Quote

Author

Miles Jennings
David Kerr

Source

a16z crypto

Source URL

https://a16zcrypto.com/posts/article/duna-for-daos/

Topics

Wyoming approves legislation granting DAOs legal recognition

Referenced by

Wyoming's legislation uniquely positions the state as a pioneer in granting DAOs legal recognition, aiming to create a supportive environment for blockchain innovation.

US Politics

Claim