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Market Cap:
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Bitcoin Bitcoin Share: 57.73%
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Cryptopolitan
2022-12-23 10:34:08

Marshal Island recognizes DAOs as limited liability companies

Marshal Island recognizes DAOs as limited liability companies

On Thursday, the Republic of Marshall Islands showed its commitment to blockchain technology by passing a law that officially recognizes and embraces Decentralized Autonomous Organizations (DAOs) as legal Limited Liability Companies (LLCs). However, this event marks the first instance where a country has granted formal legality to DAOs. As part of the new legislation known … Marshal Island recognizes DAOs as limited liability companies Read More »

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