The Republic of the Marshall Islands has taken another step forward in the regulation of decentralised autonomous organizations (DAOs) by passing the โDecentralized Autonomous Organization Act of 2023โ. The billโs primary architects are Member of Parliament David Paul, and Adam Miler, CEO & Co-Founder of MIDAO (Marshall Islands DAO). MIDAO is a unique public private partnership between the Marshall Islands and MIDAO Directory Services, which acts as the DAO registrarโs office and a leading player in the development of Web3 in the Marshall Islands.
Read more about the new DAO law
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