Wyoming has created a piece of legislation that will recognize Decentralized Autonomous Organizations (DAOs) as legitimate enterprises in the United States. On March 18th, the Wyoming Senate voted 28-2 to push a law that many are calling the Wyoming DAO bill', to Wyoming's house of representatives, where it will be voted on next.
Wyoming's DAO bill will make it possible to create and register a DAO in Wyoming; this means that DAO's will be recognized on the state and federal level as legitimate organizations, similar to a business that registers as an LLC or a corporation.
Aaron Wright, a professor at Cardozo Law School that helped draft the bill says that if the law passes, we should see "millions, if not billions, of DAOs bloom."
Copying/Pasting full or partial texts with adding very little original content are frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit