Governor of Wyoming, US, signs encryption bill establishing framework for recognizing DAO as legal e

AS BILL DAO for 2024-03-08 61
Last Thursday marked a significant milestone in Wyoming when Governor Mark Gordon signed the Decentralized Unincorporated Nonprofit Association Act into law. This groundbreaking legislation provides a structured framework for officially recognizing DAOs (decentralized autonomous organizations) as legitimate legal entities. This move positions Wyoming at the forefront of progressive and forward-thinking policy, paving the way for the integration of decentralized and autonomous entities into the legal and business landscape. It represents a significant step towards embracing and regulating emerging technologies and organizational structures, signaling a new era of innovation and adaptation in the state's legal framework.
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