Hong Kong government suggests the creation of DAOs legal framework

Hong Kong lawmaker Johnny Ng suggested the government create a legal framework for regulating decentralized autonomous organizations (DAO). Johnny envisions that it can stabilize the web3 industry in Hong Kong. According to The Standard, Johnny believes that such a legal framework can help attract major overseas capital and talent. The lawmaker’s statement comes after the […] source: https://www.cryptopolitan.com/hong-kong-government-suggested-framework-dao/