Page 7 - தன்னாட்சி ஆர்கநைஸேஶந் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

American CryptoFed DAO The headline this week is that American CryptoFed was the first legally recognized Decentralized Autonomous Organization (DAO) in Wyoming and the nation. Earlier this year the Wyoming Legislature passed a Bill which offers legal protections to DAO s with the hopes that it would trigger blockchain businesses in the state. Marion Orr, CEO of American CryptoFed which is part of the digital currency effort, explained the concept to Wyoming Public Radio s Bob Beck. Marion Orr: Decentralized autonomous organization is a new form of business organization that the State of Wyoming and very wise legislators adopted. Jul. 1st it went into effect. Senator Chris Rothfuss, former representative Tyler Lindholm and that whole blockchain community were really instrumental in taking a look at this structure. And as you probably recall, Wyoming was the first to recognize Limited Liability Corporations. So we really pride ourselves in being the first with ways that businesses c

United statesState of wyomingChris rothfussHester peirceBob beckTyler lindholmMarion orrExchange commissionAutonomous organizationLiability corporationsSecurities exchangeAmerican cryptofedDecentralized autonomous organizationWyoming legislatureWyoming public radioLimited liability