The Japan Digital Agency Web3 research group establishes DAO, and will study the legislative measures related to the legal status of DAO through actual participation

According to Coinpost, the Japan Digital Agency announced the establishment of its own DAO in the 5th Web3.0 research group. The research group will deepen the understanding of the advantages and challenges of DAO through actual participation in DAO, and study whether to grant legal status to DAO. Legislative measures. The Japan Digital Agency established a Web 3.0 research group at the end of September. Said at its first meeting that its goal is to explore the potential for business development around DAOs and legal issues, and to identify improvements to allow rapid response to Web3 use cases, the research group plans to hold 10 meetings by the end of 2022 to conclude discussions.