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DeFi Industry Players Want DAOs Recognized as LLCs in Australia

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Digital lawyers call for a new legal entity the DAO Limited

Digital lawyers call for a new legal entity the DAO LimitedThe Digital Law Association of Australia and the internationally renowned law firm, Herbert Smith Freehills, want Decentralized Autonomous Organizations (DAOs) recognized by Australia’s laws as new-age corporate models, the Australian Financial Review reports on July 15. Lobbying the Senate Committee Accordingly, they are lobbying Australia’s Senate Committee to formulate laws to create a new legal

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