Wyoming “DAO law” will go into effect in July after receiving final approval

Legislation introduced earlier this year in Wyoming to create a legal link between decentralized autonomous organizations (DAOs) and the state government is now the law of the land.

The law, first introduced in February, won final approval in the legislature earlier this month before being signed by Governor Mark Gordon on April 21, according to public records.

As previously reported, the law allows DAOs to become registered as limited liability corporations, or LLCs, in the state. It goes into effect in July.

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