Wyoming DAO LLCs: Potential Pitfalls for the Novel Entity

2 Pages Posted: 21 Dec 2021

Date Written: October 28, 2021

Abstract

In June, Wyoming created the decentralized autonomous organization (DAO) LLC. As enacted, DAO LLCs are fundamentally incompatible with the federal Corporate Transparency Act of 2021.

Keywords: Decentralized Autonomous Organizations, Corporate Transparency Act, Fintech, Law

Suggested Citation

Crank, Joel, Wyoming DAO LLCs: Potential Pitfalls for the Novel Entity (October 28, 2021). Available at SSRN: https://ssrn.com/abstract=3950916 or http://dx.doi.org/10.2139/ssrn.3950916

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