On September 22, the Commodity Futures Trading Commission ("CFTC") asserted its jurisdiction over a decentralized autonomous organization ("DAO") and its founders.
Commodity Futures Trading Commission, CFTC, asserted its jurisdiction over a decentralized autonomous organization, DAO, and its founders, signaling for the industry that even an unincorporated association cannot violate U.S. commodity derivatives regulations.
In a new development, the Commodity Futures Trading Commission (CFTC or Commission) has charged that “voting members” of the Ooki DAO are liable for its violations of the Commodity.
On September 22, the Commodity Futures Trading Commission (“CFTC”) asserted its jurisdiction over a decentralized autonomous organization (“DAO”) and its founders, signaling for the.
New CFTC Action has Significant Implications for DAO Participation and Structures- Decentralized Autonomous Organizations (“DAOs”) provide a new way for individuals.