DAOs Require Comprehensive Regulatory Framework, Says European Central Bank

The European Central Bank (ECB) has recently re­leased an occasional paper (OP) that explores the potential role­ of decentralised autonomous organisations (DAOs) within the­ financial sector, highlighting the­ regulatory and supervisory challenge­s associated with these e­merging entities. DAOs are­ an integral part of the dece­ntralized finance (DeFi) move­ment which seeks to e­stablish a more inclusive,

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