The team behind DeFi tokens Magic Internet Money and Spell has proposed a centralized legal structure for Abracadabra DAO. Abracadabra’s project lead said there was a need for a certain level of centralized legal structure to protect intellectual property rights and manage server expenses, with crucial decisions still governed by Spell token holders.
TheBlockASIC has suspended the Australian financial services licence of FTX Australia Pty Ltd (AFS licence 323193) until 15 May 2023.
OthersSafeMoon price has decreased by 90% since its yearly high. It hasn't gained strength since overcoming crucial resistance.
BeincryptoChipotle launched a limited time market simulation game 'Buy the Dip' which will give away $200k in crypto. Chipotle Mexican ...
BitcoinistLeigh Travers feels that a change in Australia’s government will slow down work on crypto regulations that could prove that the industry is already operating at a higher level than traditional finance.
CointelegraphThe endless possibilities and advantages of the cryptocurrency space have been a push for engagements. Several countries, brands, and individuals ...
BitcoinistThe Broncos' next owner could be a humble DAO organized by a group of professionals who may end up paying the highest ever fee for a North American sports team.
CointelegraphCertain laws need to be passed before DAOs can be properly regulated, which the Australian government aims to achieve.
CointelegraphDAOs appeared as the response to red tape and obsolete approaches in governance. Will regulation in Australia stifle innovations?
CointelegraphProgressive DAO regulation means questioning accepted institutions: public registries, licensing and corporate rules. Are lawmakers ready?
Cointelegraph