The U.S. bill on crypto regulation appears close to reality, but will it answer the questions facing the digital assets sector asks Aiden Slavin, the Project Lead of the wef’s Crypto Impact and Sustainability Accelerator.
that the bill does not mandate that all DAOs must be incorporated but instead only makes it an option for those seeking to benefit from tax opportunities. As this debate suggests, the bill’s ultimate meaning for DAOs is far from clear. Indeed, many of its implications will depend upon the outcomes of a series of review processes and votes.
In a recent comment, Senator Lummis herself asserted that “[the bill] is an important step towards securing America’s financial leadership for generations to come.” By providing comprehensive guidance on digital assets, the legislation has already made progress.
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