The Utah State Legislature in the United States has passed a DAO bill, which will take effect in 2024

ChainCatcher News, the Utah State Legislature has passed HB 357 on March 1, which is the "Utah Decentralized Autonomous Organization Act (Utah DAO Act)", becoming the first U.S. state to legally recognize decentralized autonomous organizations (DAOs). The Utah DAO Act grants DAOs: 1. Legal recognition and limited liability protection, addressing the limitations of the previous "wrapping DAOs into LLC entities" approach; 2. Establishes clear tax treatment; 3. No implied fiduciary duties for DAO participants; 4. Uses "rules" to protect the anonymity of DAO participants; 5. Incorporates technical safeguards to ensure that a DAO is indeed a DAO. (Nation Law Review)