This New California DAO Bill Could Offer Relief For DeFi Protocols

This New California DAO Bill Could Offer Relief For DeFi Protocols


Bitcoinist
2023-04-24 21:00:08

Decentralized Autonomous Organizations (DAO) have been gaining popularity recently, but they continue to face significant legal challenges in the United States. These organizations cannot pay taxes, protect their members, comply with regulations, or defend themselves in court. However, a new bill proposed in California could change all of that. Related Reading: Dollar Index Loses Key