In an unprecedented move, Wyoming has passed a law giving Decentralized Autonomous Organizations (DAOs) legal status, effective from July 2024. This landmark decision not only recognizes the unique structure of DAOs but also addresses legal challenges, offering protection and enabling smoother operations within the legal framework. Explore the significance of this law and how it paves the way for future advancements in blockchain and digital asset management. A New Milestone for DAOs in Wyoming, USA On March 7, 2024, a groundbreaking law was passed in Wyoming, USA, conferring legal status on Decentralized Autonomous Organizations (DAOs), with the law set to ...