Davos Agenda

Decentralized autonomous organizations explained

In September 2022, the US Commodity Futures Trading Commission sanctioned a decentralized autonomous organization (DAO) called Ooki DAO, for illicitly offering digital asset trading, violating registration requirements, and failing to comply with the Bank Secrecy Act

In September 2022, the US Commodity Futures Trading Commission sanctioned a decentralized autonomous organization (DAO) called Ooki DAO, for illicitly offering digital asset trading, violating registration requirements, and failing to comply with the Bank Secrecy Act Image: Sora Shimazaki for Pexels

Aiden Slavin
Lead, Metaverse Governance, Metaverse Initiative, World Economic Forum LLC
Kevin Werbach
Professor of Legal Studies and Business Ethics and Director, Blockchain and Digital Asset Project, Wharton School, University of Pennsylvania
Share:
Our Impact
The Big Picture
Explore and monitor how Financial and Monetary Systems is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Davos Agenda

Listen to the article

Have you read?

DAOs today manage billions of dollars worth of assets
DAOs today manage billions of dollars worth of assets. Image: DeepDAO

Discover

How is the World Economic Forum promoting the responsible use of blockchain?

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Davos AgendaTech and InnovationFinancial and Monetary SystemsThe Digital Economy
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Electric car sales have surged in Europe - so why is adoption still slow?

Andrea Willige

November 13, 2023

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum