A16z Proposes Decentralization-Pleasant Oversight Regime for US Authorities — CoinDesk

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Particularly, a16z’s client protections proposal, filed in response to a name from U.S. Sen. Pat Toomey (R-Pa.) of the Senate Banking Committee, really helpful making a easy disclosure-based supervision regime underneath the Client Monetary Safety Act. DAOs, in the meantime, are to be given comparable authorized rights to that of an ordinary integrated entity together with tax necessities, being allowed to open financial institution accounts and signal authorized agreements.

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