UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’

UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’


The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organizations (DAOs) operate. A blockchain expert says the commission’s call shows that the U.K. is “leading the way in thinking and developing the law and other institutions that are needed.”

Legal and Regulatory Status of DAOs Not yet Clear

The United Kingdom Law Commission recently said it is seeking experts’ opinions on decentralized autonomous organizations (DAOs) and how the laws of England and Wales can accommodate them. In a statement released on Nov. 16, the commission acknowledged that thousands of DAOs exist today, yet only a “few appear to be structured using the law of England and

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