Utah State Lawmakers Legally Recognize DAOs in the U.S.


The Utah State Legislature passed a new law that provides legal recognition and limited liability to decentralized autonomous organizations (DAOs). Act HB 357, or the Utah Decentralized Autonomous Organizations Act (Utah DAO Act), was a result of combined efforts from the Digital Innovation Taskforce and the Utah Blockchain Legislature. “The Hash” panel discusses what this means for the future of DAOs.