Abu Dhabi ‘DLT Foundations Regulations’ targets DAOs, Web3
The 'DLT Foundations Regulations 2023' enacted by the Abu Dhabi Global Market makes a provision for decentralized autonomous organizations, DLT and legacy foundations transitioning to Web3.
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Papers associated with Bitcoin and related topics in law: Part XXIV
Despite being in their infancy, DAOs face challenges to other sociotechnical systems, including governance, accountability, security, and scalability.
Israel aims for DAO regulation as it seeks regulatory control in Web3
Israeli authorities formed a multi-agency team that aims to regulate DAO operations, and a public consultation is expected to run until September 9.
Tornado Cash users argue DAOs not capable of being subject to sanctions
Plaintiffs claimed that the description of Tornado Cash was inconsistent and that the sanctioned "property" slammed by the OFAC amounts to nothing more than smart contracts.