The upper chamber of Wyoming’s legislature has passed a bill that, if approved, would clear the way for decentralized autonomous organizations, or DAOs, to become incorporated under state law.
The 28-2 vote took place on Wednesday, public records show, and was sent to the State House of Representatives the same day. On Thursday, the bill was formally introduced and transferred to that chamber’s Minerals, Business & Economic Development committee.
Should the House of Representatives clear the bill, any differences would need to be hammered out between the two chambers before being sent to Wyoming Governor Mark Gordon for signature.
