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Cryptopolitan 2024-08-20 05:36:27

Hong Kong government suggests the creation of DAOs legal framework

Hong Kong lawmaker Johnny Ng suggested the government create a legal framework for regulating decentralized autonomous organizations (DAO). Johnny envisions that it can stabilize the web3 industry in Hong Kong. According to The Standard, Johnny believes that such a legal framework can help attract major overseas capital and talent. The lawmaker’s statement comes after the

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