Uniswap Foundation leads coalition urging Treasury Secretary Bessent to clarify legal framework for DAOs

The Uniswap Foundation spearheaded a coalition of 18 major cryptocurrency organizations in petitioning Treasury Secretary Scott Bessent for federal guidance on decentralized autonomous organization (DAO) compliance. In a Sept. 2 letter, Uniswap Foundation cites persistent legal uncertainty that has driven innovation offshore. The document advocates for federal recognition of Wyoming’s Decentralized Unincorporated Nonprofit Association (DUNA) The post Uniswap Foundation leads coalition urging Treasury Secretary Bessent to clarify legal framework for DAOs appeared first on CryptoSlate.