Alabama becomes the second state in the United States to grant legal status to DAOs

By: rootdata|2026/04/02 14:42:00

0

Share

copy

According to Cointelegraph, the governor of Alabama has signed the "Decentralized Non-Registered Non-Profit Association Act," becoming the second state to grant legal status to DAOs after Wyoming.

The act provides legal status and limited liability protection for DAOs, allowing them to have full corporate entity qualifications, own property, sue and be sued, and enter into contracts, while individual members and managers are exempt from personal liability. The eligibility requirements state that a DAO must have at least 100 members and be formed for a common non-profit purpose (such as governing a blockchain network or smart contract system). The policy director of a16z Crypto stated that decentralized governance is at the core of the future of crypto, and this act provides certainty for decentralized communities to build, govern, and scale in the real world. A similar bill in West Virginia has passed the House and is awaiting the governor's signature.

-- Price

You may also like

The DeFi lending protocol Drift was hacked for over $200 million in just 10 seconds, affecting more than 15 projects

The DeFi lending protocol Drift was hacked for over $200 million in just 10 seconds, affecting more than 15 projects

The modular structure of DeFi was once regarded as the greatest advantage in the field, but now this advantage has been magnified into a disadvantage like a domino effect.

Q1 Market Review: Traditional Assets Enter the Blockchain Era; Geopolitical Turbulence Puts Pressure on the Cryptocurrency Market

Q1 Market Review: Traditional Assets Enter the Blockchain Era; Geopolitical Turbulence Puts Pressure on the Cryptocurrency Market

This quarter, ETF demand has gradually improved, providing support for Bitcoin's current price level.

$285 million, the largest on-chain attack of the year, or still the age-old private key issue

$285 million, the largest on-chain attack of the year, or still the age-old private key issue

The most significant security incident suffered by the Solana ecosystem since the 2022 Wormhole hack.

NVIDIA Loses 40% of China Market in Three Years | Rewire News Morning Edition

NVIDIA Loses 40% of China Market in Three Years | Rewire News Morning Edition

Huawei is the biggest winner

Traditional Brokerage Enters Crypto: Interactive Brokers Surges Into Crypto Market in Three Months

Traditional Brokerage Enters Crypto: Interactive Brokers Surges Into Crypto Market in Three Months

The story of E*TRADE is essentially a symbol of a Wall Street legacy brokerage firm reinventing itself through technology and execution prowess.

OpenAI completes largest funding round ever, with Anthropic even more eager to go public

OpenAI completes largest funding round ever, with Anthropic even more eager to go public

What is all this money buying?

Trump Speech Sparks Market: "Major Strike on Iran" in the Next Two to Three Weeks, Oil Price Surges, Gold Plunges

Trump Speech Sparks Market: "Major Strike on Iran" in the Next Two to Three Weeks, Oil Price Surges, Gold Plunges

Trump did not mention a ceasefire, and the market reacted sharply.

After two accidents in one week, looking back at how the Anthropic co-founders were talking about "safety" a year ago

After two accidents in one week, looking back at how the Anthropic co-founders were talking about "safety" a year ago

Through this interview, gain a deeper understanding of Anthropic.

Morning News | OpenAI completes $122 billion financing; SpaceX has secretly submitted IPO application; B2C2 sets Solana as the mainnet for institutional stablecoin settlement

Morning News | OpenAI completes $122 billion financing; SpaceX has secretly submitted IPO application; B2C2 sets Solana as the mainnet for institutional stablecoin settlement

Overview of Important Market Events on April 1st

Claw Wallet: Let Agent's on-chain assets no longer run naked

Claw Wallet: Let Agent's on-chain assets no longer run naked

Bid farewell to the era of AI Agent out of control leading to asset depletion. The Claw Wallet, designed specifically for intelligent agents, officially launched today, completely ending the era of "naked running" on the chain with dynamic risk control and key sharding.

Dialogue with BlackRock's Head of Digital Assets: How do tokenized stocks work?

Dialogue with BlackRock's Head of Digital Assets: How do tokenized stocks work?

Tokenization is essentially a story of "access," allowing more investors to reach asset classes that were previously difficult to access.

Is the Middle East Conflict Really Coming to an End?

Is the Middle East Conflict Really Coming to an End?

What is the future trend of oil price, gold, and Bitcoin? Is the Iranian regime, global energy, and financial markets facing a larger transformation?

How to Rediscover Your Lost Creativity in the AI Age

How to Rediscover Your Lost Creativity in the AI Age

Go play, go create, even if it's just starting from a very, very small thing.

How to Win at WEEX's Joker Returns 2026: Poker Card Strategy & Tips

How to Win at WEEX's Joker Returns 2026: Poker Card Strategy & Tips

Learn how to win at WEEX Joker Returns 2026 using poker-style card combos and Joker wildcard strategy. Discover how stronger hands improve multipliers and reward potential.

What Is A Joker Card In Poker? Rules, Role & How To Win It For 15,000 USDT

What Is A Joker Card In Poker? Rules, Role & How To Win It For 15,000 USDT

Master the Joker Card to win 15,000 USDT. Learn poker strategy for WEEX's Joker Returns crypto event (April 1-30, 2026). Turn deposits & trades into winning combos. Join now!

Cryptocurrency exchanges are launching a battle for VIP clients

Cryptocurrency exchanges are launching a battle for VIP clients

The real challenge is that, at present, no institution possesses top-tier crypto liquidity and execution capabilities, clear fiduciary responsibilities and legal protections, as well as professional allocation capabilities across asset classes.

PlanX launched with a 24-hour trading volume exceeding $12.9M: AI-driven on-chain execution begins to reshape trading paradigms, with the next day's trading volume surpassing $75M

PlanX launched with a 24-hour trading volume exceeding $12.9M: AI-driven on-chain execution begins to reshape trading paradigms, with the next day's trading volume surpassing $75M

PlanX launched with a 24-hour trading volume exceeding $12.9M, AI-driven reconstruction of on-chain execution paradigms, and a limited-time zero-fee trading experience starting in April.

95-year-old Buffett said 7 things: Now is not the time to buy the dip, nuclear weapons will eventually be used

95-year-old Buffett said 7 things: Now is not the time to buy the dip, nuclear weapons will eventually be used

A person who relinquishes power is still more interested in the future than in the past.

The DeFi lending protocol Drift was hacked for over $200 million in just 10 seconds, affecting more than 15 projects

The modular structure of DeFi was once regarded as the greatest advantage in the field, but now this advantage has been magnified into a disadvantage like a domino effect.

Q1 Market Review: Traditional Assets Enter the Blockchain Era; Geopolitical Turbulence Puts Pressure on the Cryptocurrency Market

This quarter, ETF demand has gradually improved, providing support for Bitcoin's current price level.

$285 million, the largest on-chain attack of the year, or still the age-old private key issue

The most significant security incident suffered by the Solana ecosystem since the 2022 Wormhole hack.

NVIDIA Loses 40% of China Market in Three Years | Rewire News Morning Edition

Huawei is the biggest winner

Traditional Brokerage Enters Crypto: Interactive Brokers Surges Into Crypto Market in Three Months

The story of E*TRADE is essentially a symbol of a Wall Street legacy brokerage firm reinventing itself through technology and execution prowess.

OpenAI completes largest funding round ever, with Anthropic even more eager to go public

What is all this money buying?

Popular coins

Latest Crypto News

15:42

RootData Transparency Alert: Projects such as Fluid, Blackhole, Pharaoh, and Koi Finance are missing core information

The Web3 asset data platform RootData issued a daily transparency alert on Twitter (X), noting the lack of information regarding teams, key calendar events, token data, and other details for projects such as Fluid, SideShift.ai, Blackhole, Pharaoh, and Koi Finance. It calls on project teams to submi...

15:42

Santiment: Ethereum network activity is approaching historical highs, with daily active addresses reaching 788,000

According to the latest tracking data from Santiment, Ethereum's on-chain network activity has recently surged significantly, with the number of daily active addresses reaching 788,000. At the same time, the number of newly added wallet addresses has also recorded an increase of 255,000, bringing ov...

15:42

Vitalik shares a local private LLM solution, emphasizing privacy and security first

Vitalik Buterin shared a post outlining his localization and privatization LLM deployment plan as of April 2026. The core goal is to prioritize privacy, security, and autonomy, minimizing the opportunities for remote models and external services to access personal data. This is achieved through loca...

15:42

Coinbase CEO: Will personally invest in research on Bitcoin's resistance to quantum issues, the industry needs to accelerate its response to potential threats

Coinbase CEO Brian Armstrong stated that he will personally invest in research on Bitcoin's resistance to quantum-related issues and emphasized that the industry needs to push for solutions as soon as possible.Coinbase Chief Security Officer Philip Martin previously pointed out that as research in q...

15:42

Data: "Maji" to avoid manual liquidation of 2700 ETH long positions, the remaining position liquidation price is 2031 USD

According to monitoring by Lookonchain, "Brother Maji" Huang Li manually closed a long position of 2,700 ETH (5.54 million USD) to avoid liquidation.He still holds a long position of 5,000 ETH (approximately 10.22 million USD), with a new liquidation price of 2,031.52 USD.