Articles
Crypto Market Analysis

Alabama becomes second US state to grant DAOs legal status under DUNA

User Image

Von Anonym

Erstellt April 02, 2026|2 Minuten Lesezeit
Main Image

The legislation “embraces innovation, protects participants and empowers internet-native communities to compete with big tech incumbents,” said a16z’s Miles Jennings.

The US state of Alabama has become the second US jurisdiction after Wyoming to grant decentralized autonomous organizations (DAOs) legal status under the DUNA Act.

The Decentralized Unincorporated Nonprofit Association (DUNA) Act (Senate Bill 277) was introduced in February by Republican Senator Lance Bell. The House passed it 82-7 with 16 abstentions on March 17, and has now been signed by Alabama Governor Kay Ivey, according to a16z Crypto.

Speaking about the bill’s passage, a16z Crypto’s head of policy and general counsel, Miles Jennings, said on Wednesday that “decentralized governance is essential to crypto’s future — it’s one of the core constructs in market structure legislation.”

The bill provides legal status and limited liability protections to DAOs, solving a long-unresolved question in crypto: How DAOs exist from a legal standpoint in the real world. 

It gives decentralized communities “the certainty to build, govern, contract, and scale in the real world,” added Jennings. 

To qualify, a DAO must have at least 100 members joined for a common nonprofit purpose, such as governing a blockchain network or smart contract system.

Governance can operate entirely through blockchain technology and smart contracts, and voting, proposals and consensus mechanisms can all be stored onchain.

These organizations will have full legal entity status, they can own property, sue and be sued, and enter into contracts, while individual members and administrators will be shielded from personal liability. 

Related: Aave DAO backs V4 mainnet plan in near-unanimous vote

“As federal crypto market structure legislation moves closer to becoming law, builders need effective domestic legal structures,” added Jennings. 

A similar DUNA bill (HB 5060), introduced by Representative Tristan Leavitt in February, passed the House on March 4 and is awaiting the governor’s signature in West Virginia. 

Wyoming’s DUNA Act was signed into law by Governor Mark Gordon in March 2024. The state approved the first legally recognized DAO in the United States in July 2021. 

Over 13,000 DAOs exist worldwide with collective treasury assets under DAO control surpassing $24.5 billion as of 2025, according to CoinLaw. The average DAO treasury size is around $1.2 million, and Ethereum and its layer-2 networks host over 85% of DAOs, reported PatentPC in March.

Magazine: Your guide to surviving this mini-crypto winter

Source: CoinTelegraph


Andere kürzlich veröffentlichte Artikel

Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million
Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million

Bitcoin

Galaxy Research flagged a third wave of sweeps tied to weak Coldcard-generated keys, with the attack...

Strategy holds STRC dividend at 12%
Strategy holds STRC dividend at 12%

Crypto Market Analysis

Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par,...

Minnesota crypto ATM ban goes into effect after reported $1M losses
Minnesota crypto ATM ban goes into effect after reported $1M losses

Crypto Market Analysis

State officials reported that Minnesota residents, and largely senior citizens, had lost about $1 mi...

Everyone has the perps convergence backwards
Everyone has the perps convergence backwards

Crypto Market Analysis

Crypto is said to be growing up to look like Wall Street. The evidence in its biggest market points ...

Solana Foundation's new CISO warns AI is making crypto scams more convincing
Solana Foundation's new CISO warns AI is making crypto scams more convincing

Solana

Michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will d...

SEC to review Nasdaq bitcoin options approval after CME challenge
SEC to review Nasdaq bitcoin options approval after CME challenge

Bitcoin

CME argues that because bitcoin is a commodity, options tied to its value fall under CFTC jurisdicti...