H7843 — Establishes the “Decentralized Autonomous Organization (DAO) Act” that would position Rhode Island as a forward-thinking leader in blockchain innovation by giving DAOs clear legal status as limited liability companies.

H7843 — Establishes the “Decentralized Autonomous Organization (DAO) Act” that would position Rhode Island as a forward-thinking leader in blockchain innovation by giving DAOs clear legal status as limited liability companies. · Informed CitizenryThis bill aims to update state law to create formal legal recognition for Decentralized Autonomous Organizations (DAOs), which are groups managed by computer code and distributed among many members…Open in Informed Citizenry