Home Guides Marshall Islands Further Strengthen’s Law That Made DAOs Legal Entities

Marshall Islands Further Strengthen’s Law That Made DAOs Legal Entities

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Marshall Islands Further Strengthen’s Law That Made DAOs Legal Entities

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In February 2022, the group of tiny islands, a close ally to the U.S., and geographically between Hawaii and Australia, became the first nation to recognize DAOs as legal entities. Since 2021, under the previous act, the Marshall Islands has incorporated almost 100 DAOs.

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