kaal:claim:4529715-008

The absence of clear regulatory direction from the SEC and state governments helps explain why many DAOs take minimal action to establish regulatory compliance within their organizations.

The nature of DAOs and the lack of clear regulatory direction from the SEC and state governments is relevant in analyzing these scores since many DAOs appear to take minimal action in establishing regulatory compliance within the organizations.

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023), Descriptive statistics, p. 37
https://ssrn.com/abstract=4529715 · source PDF

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023). SSRN: https://ssrn.com/abstract=4529715

• United States regulatory context

mechanismsupport: arguedfailure: regulatory-vacuum-inactionfamily: regulatory-lagdaosecurities-lawlaw-and-legal-systemscompliance

• generalizes kaal:claim:5254152-033 Some DAOs substitute anonymity for legal structure: without any legal registration, Olympus DAO relies on anon...

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