“Now that we have clear digital asset definitions established, a milestone that many governments have still failed to achieve, we can move forward. The Zone can quickly pass thorough and comprehensive frameworks for the regulation of DAOs, stablecoins, and other facets of the Web3 space that are currently poorly defined in legal codes around the world,” Sam Trimnal, chairman of the zone authority, said in a press statement.
US Tribal Nation-Backed Economic Zone Passes Rules Defining Digital Assets
