eUSD will definitely have a good future, $MOB is rising!

Odaily Planet Daily News a16z General Counsel Miles Jennings posted on the X platform that Wyoming’s Decentralized Unincorporated Non-Profit Association (DUNA) legal structure for DAO will take effect on July 1, 2024. Jennings believes that DUNA can allow DAOs to be DAOs, provide legal existence, protect privacy, have limited liability, mitigate consumer risks, promote decentralization, prepare tax strategies, maintain flexibility, and be bipartisan. Previously, Mark Gordon, the Republican governor of Wyoming, signed the Decentralized Unincorporated Nonprofit Association Act, a landmark bill that establishes a framework for recognizing DAOs as legal entities. The new structure gives the DAO a legal existence, allowing it to enter into contracts with third parties and appear in court, while the DAO is able to pay taxes and have limited liability for the actions of other members. This structure does not prevent regulatory enforcement if the DAO breaks the law.