TechFlow news, October 18 — According to Cointelegraph, the UAE free zone RAK Digital Assets Oasis (RAK DAO) plans to launch a legal framework for decentralized autonomous organizations (DAOs). Law firm NeosLegal and RAK DAO said the new regime will be introduced and discussed on October 25. Irina Heaver, partner at NeosLegal, stated that the framework is expected to clarify how DAOs can maintain legal compliance, which she believes will have a significant impact on decentralized governance in the UAE and the broader Web3 ecosystem.
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