Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

UAE launches DAO’s legal framework

UAE launches DAO’s legal framework


Cryptopolitan
2024-10-22 23:50:05

Ras Al-Khaimah (RAK), one of the emirates in the United Arab Emirates, has introduced a new legal framework tailored for decentralized autonomous organizations (DAOs) within its free zone designated for digital assets. The DAO Association Regime (DARe) seeks to create a legal framework that is tailored to the functioning and management of DAOs. According to


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.