Marshall Islands Adopt Law Recognizing DAOs as LLCs – 24/7 Wall St.

The Marshall Islands passed a law that recognizes nonprofit and for-profit DAOs as limited liability companies (LLCs), the government announced Thursday. The move comes just a few months after Marshall Island became the first nation to recognize DAOs as legal entities. DAO Act of 2022 Underlines…#smartasset #pacificisland #marshallisland #dao #daoact #marshallislands #rmi #tokenist #daosrapidgrowth #ftx
Source: Reuters: Health - Category: Consumer Health News Source Type: news