The Governor of Alabama signs SB 277 into law to create a legal framework for DAOs in the United States

Golden Finance reports that on April 2, the governor of the U.S. state of Alabama signed SB 277 into law, creating a legal framework for nonprofit entities similar to DAOs. Alabama became the second U.S. state to establish a legal framework for entities similar to DAOs. The bill provides that DAO members generally are not personally responsible for their collective activities.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments