Ras Al Khaimah, UAE Launches DAO Regulatory Framework for Free Trade Zone
2024-10-22 13:24:16
UAE Ras Al Khaimah rak announcement launch dao regulation frameworkdesk3cryptocurrencydesktopCrypto News
Ras Al Khaimah (RAK) in the United Arab Emirates has announced the launch of the DAO regulatory framework, the DAO Association System (DARe), which will be implemented within the RAK Digital Assets Oasis Free Trade Zone. The framework offers two models: one for emerging projects with fewer than 100 members, and the other for mature DAOs with capital size exceeding $1 million.
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