TLDR Tech / Crypto
Alabama Governor Signs DAO Bill
Alabama became the second US state to grant DAOs formal legal recognition after Governor Kay Ivey signed the DUNA Act (Senate Bill 277) into law, following an 82-7 House vote with strong bipartisan support. The act gives DAOs full legal personality, liability protection, and a clear path to tax compliance under an explicitly nonprofit structure. This means DAOs cannot distribute dividends but can generate commercial activity to support protocol growth. Wyoming was the first state to pass similar legislation, and the Alabama bill may accelerate a wave of state-level DAO frameworks.
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