🚀 Big news from the UAE! Ras Al-Khaimah (RAK) has just launched a new legal framework for decentralized autonomous organizations (DAOs) in its free zone for digital assets. The DAO Association Regime (DARe) aims to provide a structured legal environment for DAOs, enabling them to interact with the off-chain world, like opening bank accounts and owning assets.
- **What is DARe?** A legal framework for DAOs
- **Where?** RAK Digital Assets Oasis
- **Benefits:** Tax optimization, legal clarity
- **Models:** For emerging projects & mature DAOs
What do you think about this move? Drop your thoughts in the comments! 💬