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TechFlow news: Abu Dhabi has launched a regulatory framework for DAOs, legalizing the operations of decentralized entities such as DAOs. The framework takes effect immediately, enabling DAOs—which have long operated in legal gray areas—to operate legally and issue tokens to their members.
This move is part of a broader Abu Dhabi initiative aimed at "advancing wider programs within the blockchain and digital asset sector."
Abu Dhabi has launched a regulatory framework for DAOs, legalizing the operations of decentralized entities such as DAOs. The framework takes effect immediately, enabling DAOs—which have long operated in legal gray areas—to operate legally and issue tokens to their members. This move is part of a broader Abu Dhabi initiative aimed at "promoting wider programs in the blockchain and digital asset sector."
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