Wyoming Greenlights Legal Status for Decentralized Autonomous Organizations (DAOs)

Wyoming’s governor signed legislation this week greenlighting the legal status of decentralized autonomous organizations (DAOs). The legislation becomes effective on July 1st and establishes “decentralized unincorporated nonprofit associations” (DUNAs) in the state. Miles Jennings, the general counsel at the digital asset-focused venture capital a16z crypto, says the new law is “game-changing”... source: https://dailyhodl.com/2024/03/09/wyoming-greenlights-legal-status-for-decentralized-autonomous-organizations-daos/