The Financial Services Agency of Japan has relaxed regulations on the rights of employees in tokenized limited liability companies

2024-02-07 16:32:26

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ChainCatcher news, Coinpost reports that the Financial Services Agency of Japan has announced a revision to the definition in Article 2 of the Financial Instruments and Exchange Act, aiming to grant members of limited liability type DAOs the same treatment as ordinary LLC members regarding rights tokens. This measure is expected to ease the regulation on the rights of tokenized limited liability company employees and simplify DAO operations.

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