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Cryptopolitan 2024-02-07 17:49:32

Japan’s Financial Services Agency proposes amendment favoring DAO operations

The Japan Financial Services Agency (FSA) has announced a draft for a regulatory amendment. This change aims to align the legal treatment of Decentralized Autonomous Organization (DAO) member rights tokens with those of traditional limited liability company (LLC) employee rights. It is also geared at integrating innovative blockchain technologies within the legal framework, offering a

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