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A DAO Is No Defense: CFTC Says Decentralization Does Not Immunize DeFi From Regulation - Commodities/Derivatives/Stock Exchanges

Under the existing legal regimes, decentralized autonomous organizations ("DAO" or "DAOs") have been viewed as a way to hedge against regulatory action by way of a decentralized structure.
United States Navinder Sarao Department Of Justice Blockratize Inc Commodity Futures Trading Commission Technologies Inc
Source: mondaq.com

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