Extension: Managing cross-border DeFi DAOs in the EU: legal complexities and regulatory perspectives
Managing cross-border DeFi DAOs in the EU: legal complexities and regulatory perspectives presents the following source proposition: The chapter emphasizes the need for clarity in defining ‘full decentralization’ to navigate the regulatory landscape effectively. This proposition is pertinent to Kaal's source-bound claim that Because direct ownership on a blockchain removes the need for the Depository Trust Corporation to hold the certificate and for a broker to record beneficial ownership, agency costs can be cut and ownership clarity increases. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
corporate-governancedecentralizationdefihistorical-responsescholarly-literatureopenalex