Logologo image
Close Button
Close Button

Connect With Us

March 1, 2022

First Sovereign Nation Recognizes DAOs As Legal Entity

Blog Featured Image

Decentralized Autonomous Organizations (DAOs) have become an interesting and popular form of business entity for novel technology startups. In response to the growing demand for DAO recognition, The Republic of the Marshall Islands became the first sovereign nation to recognize DAOs as a legal entity with similar treatment to limited liability corporations (LLCs). (Yahoo Finance)

Subscribe To Our Weekly Newsletters

Track the latest regulatory developments in the crowdfunding and blockchain landscape.