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Wyoming Propels Forward as a Trailblazer for DAOs with Groundbreaking Legislation – DeFiance Daily – 3.11.24

Wyoming is making strides in embracing decentralized autonomous organizations with the introduction of Senate File No. SF0050, the “Wyoming Decentralized Unincorporated Nonprofit Association Act.” Sponsored by the Select Committee on Blockchain, Financial Technology, and Digital Innovation Technology, this bill aims to establish a legal framework for the formation and management of DAOs within the state.