US Tribal Nation Economic Zone Publishes Draft Rules for DAOs

“These can be verbal, written, or even software based rules. Unlike LLCs, UNAs do not require a registered agent. Yet, they are still protected by limited liability. And while the original UNA is mostly for non-profit purposes, the regulation leverages the UNA law’s existing exemptions to allow UNA DAOs to provide compensation, including through staking,” the CDEZ said.

Source: https://www.coindesk.com/policy/2022/08/18/us-tribal-nation-economic-zone-publishes-draft-rules-for-daos/?utm_medium=referral&utm_source=rss&utm_campaign=headlines