The DAO bill passes the Wyoming Senate. It is now in the House.
This would give legal status to DAOs within the state. It will be a bit step forward in recognizing what is evolving.
Wyoming is one of the more aggressive states when it comes to blockchain and crypto regulation (in a positive way).
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This is a subject I really know nothing about, looks like I have another Rabbit Hole to go down.
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Essentially giving legal status to the governance established by smart contracts.
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I think it's a good thing. Let's see how everything works out and we need a few people to pioneer the new digital age. Whether or not it succeeds, I think it shows people are more willing to accept crypto as part of the economy.
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