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Wyoming Becomes First State to Provide Legal Framework for Blockchain-Based Nonprofit Organizations
The Wyoming State Legislature has passed groundbreaking legislation that establishes a legal framework for the formation and operation of Decentralized Unincorporated Nonprofit Associations (DUNAs) in the state. The Wyoming Decentralized Unincorporated Nonprofit Association Act, which will take effect on July 1, 2024, positions Wyoming as the first U.S. state