European Central Bank Calls for Enhanced Regulation of Decentralized Autonomous Organizations (DAOs)

The European Central Bank (ECB) recently shed light on the need for effective regulations surrounding Decentralized Autonomous Organizations (DAOs) for them to integrate seamlessly into the future financial landscape. Ellen Naudts, an expert in Market Infrastructure Payments at the ECB, penned a paper titled The future of DAOs in finance - in need of legal status, delving deep into the implications of DAOs in the current financial world. The paper emphasizes the rapid evolution of technology, particularly DAOs, and how it has sped past existing regulatory standards. This disparity has been...

source: https://tokenpost.com/European-Central-Bank-Advises-Robust-Regulation-for-DAOs-for-Financial-Sector-Integration-10844

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