🇬🇧 UK's Law Commission says "No, thank you!" to separate legal oversight for DAOs. They believe these decentralized chaps can fit snugly within existing financial and tax regulations. The Commission, a stickler for law reforms, published a paper highlighting the lack of consensus on what makes a DAO, a DAO. They argue that a one-size-fits-all law isn't feasible due to the DAO ecosystem's chameleon-like ability to adapt to local legal requirements. They've also suggested a review of the Companies Act 2006 and called for international cooperation for a global AML and tax framework. Meanwhile, the Solicitors Regulation Authority warns of Bitcoin scams by faux lawyers. Stay vigilant, folks!