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Israel Turns to DAOs after Proposing Rules for Stablecoins, Crypto Investments
Israel is now looking into decentralised autonomous organisations (DAOs) in its latest efforts to bring the digital assets industry under its watch. DAOs are blockchain-based organisations that operate based on rules coded into smart contracts. Uniswap, Augur and MakerDAO are top examples of such organizations.Israel Eyes DAO RegulationOn Wednesday, the Israeli Ministry of Finance announced the appointment of a multi-agency team tasked with recommending rules for the regulation of DAOs. The team...
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Stablecoins
Crypto
Stablecoins
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Posted: Jul 27 2023, 17:22
Author Name: financemagnates
Views: 112281