“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.
Related posts
-
Bitcoin Officially In Overheated MVRV Zone, Rally End Near?
On-chain data shows Bitcoin has recently surpassed a level of the Market Value to Realized Value... -
UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year
The U.K.’s long awaited crypto rules are coming. Source Spread the love -
Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules
Wang immediately met with prosecutors after FTX’s collapse, making him one of two key cooperating witnesses...