DAO under European law – can a decentralised organisation be a legal entity?
A Decentralized Autonomous Organization (DAO) is a structure now typical of Web3 – built on smart contracts, automated rules and community governance. DAOs have no management board, no registered office address and no traditional articles of association. Instead, they have code, tokens and, sometimes, voting on Discord. It sounds innovative, but from the perspective of […]
DAO, a decentralized autonomous organization as a new form of organizational structure
Enthusiasts and all those who are interested in blockchain have a chance to read the latest comprehensive article, published on the PARP website. It describes the topic of decentralized autonomous organization (DAO) as a new form of organizational structure. From the article we can learn in particular: What is a DAO? What types of DAOs exist? How […]
The UK legislature and executive of crypto in the UK
The UK legislature and executive are moving to tighten regulation of crypto in the UK which may impact an offshore environment around the world. UK insights for DeFi The last report “Regulating Crypto Fifteenth Report of Session 2022–23” published on 10 May 2023 confirms this scenario. The report is a result of Treasury Committee work, […]