📰 UK's Law Commission suggests that Decentralized Autonomous Organizations (DAOs) should fall under existing financial regulations and tax frameworks. 🏛️ The report highlights the complexity of DAOs, including pure DAOs, hybrid arrangements, and digital legal entities. Certain DAOs could fall under the Financial Services and Markets Act 2000 if they offer governance tokens similar to shares. However, a unified approach to regulating DAOs may not be appropriate due to their diverse nature. 💭 What are your thoughts on this? Let's discuss below! 👇