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DAO
Japanese Lawmakers Want To Carve Out New Web3 Policies: CoinDesk Japan
"We would like to grasp the current situation in areas other than decentralized autonomous organizations and identify new important points for policy," Congressman Hideto Kawasaki said.

PancakeSwap Proposes to Reduce CAKE Token Supply by 300 Million
More than 99.95% of the community, representing 70,000 votes from CAKE holders, favored the proposal shortly after it went live.

SEC Blasts 'Purportedly Decentralized' DAOs in $1.7M Settlement with BarnBridge
BarnBridge failed to register its structured crypto product with the SEC, regulators alleged.

Pyth Oracle Network Brings Industry Heavyweights Into Governance Post-Airdrop
The low-latency oracle network's new "strategic partners" include Castle Island Ventures, Multicoin Capital and Wintermute Ventures. They could play a major role in shaping how the platform evolves.

Arbitrum Voters Polarized Over 'Research' Pitch With $2M Price Tag
Proposed coalition of professional researchers could help "accelerate decision-making" at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest.

Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
The UAE's second-most populous emirate has taken the first steps to legalize the operations of decentralized entities such as DAOs.

Marshall Islands Further Strengthen's Law That Made DAOs Legal Entities
The island nation cuts processing time for registration, provides immunity for DAOs using open-source software.

DAO-Builder SuperDao Shuts Shop, Returns Investor Money
The all-in-one DAO raised $10.5 million in 2021, leftover funds will be returned to investors.

Lido Finance Sunsets Solana Staking Product After DAO Vote
The staking service for SOL tokens will be discontinued over the coming months, developers said.

Jade Protocol Faces Calls to Liquidate $31M Token Treasury
A longtime member says the DAO “poses a major investment risk to all token holders,” and should shut down.
