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Wyoming Bill to Recognize DAOs as Companies Approved by Senate Committee
The bill now proceeds to a vote in the Wyoming House of Representatives.
Updated Sep 14, 2021, 12:24 p.m. Published Mar 10, 2021, 6:02 p.m.
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Legislation recognizing decentralized autonomous organizations (DAOs) as companies was approved by the Wyoming state senate on Tuesday.
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- The bill now proceeds to a vote in the Wyoming House of Representatives, where it will become law if it is passed unaltered.
- Wyoming would be the first U.S. state to pass such legislation into law.
- DAOs are companies whose governance is built on smart contracts and where decision making is shared around the organization rather being centralized under a boss or executive.
- This legislation would allow DAOs to set up in Wyoming, adding greater legitimacy to cryptocurrency projects and further enhancing the state's reputation as a blockchain-friendly jurisdiction for new companies.
- The state also introduced a bill in February to build a blockchain-based system for companies to file reports, data and other information required by law.
See also: Why Wyoming’s Governor Supports the State’s Crypto Banking Law
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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market
Tarafından sipariş edildiKuCoin
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
Bilinmesi gerekenler:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Strategy surges 6% on MSCI decision not to exclude DATs from indexes
Shares of the Michael Saylor-led firm had been under pressure not just from weak bitcoin prices, but also the chance that the indexing giant might exclude DATs from its indexes.
What to know:
- Strategy (MSTR) shares rose 6% in after-hours trading after MSCI's decision on digital asset treasury companies.
- MSCI stated that distinguishing between investment companies and those holding digital assets requires further research.
- The current index treatment for companies with digital assets making up 50% or more of their total assets will remain unchanged.
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