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The Report calls for a new market licence category for DCEs, which would require certain capital adequacy levels, auditing and responsible person tests, at a minimum. Australian senator Andrew Bragg called for “urgent” regulation of decentralized autonomous organizations (DAOs) under the nation’s Corporations Act as part Speaking at the Australian Blockchain Week 2025 conference last month, senator Andrew Bragg called for urgent regulation of decentralized autonomous organizations They include ‘the urgent need for Australia to give DAOs legal status so they can enter into contracts and participants can have certainty about their dealings and treatment, with the A who's who of Australian crypto and blockchain talent assembled this week at the invitation of Senator Andrew Bragg, to discuss how a company DAO could be regulated

Australian Senator Calls for Urgent DAO Regulation: What You Need to Know

Australia is poised for potential regulatory changes impacting decentralized autonomous organizations (DAOs), following calls for urgent action from Senator Andrew Bragg. This move, heavily discussed at Australian Blockchain Week 2025, aims to provide legal clarity and protection for those engaging with DAOs. Senator Andrew Bragg\'s push for regulation focuses on incorporating DAOs under the nation\'s Corporations Act, addressing what many see as a critical need. They include ‘the urgent need for Australia to give DAOs legal status so they can enter into contracts and participants can have certainty about their dealings and treatment. A who\'s who of Australian crypto and blockchain talent assembled this week at the invitation of Senator Andrew Bragg, to discuss how a company DAO could be regulated, signaling a serious commitment to developing a framework that balances innovation with investor protection. A key aspect of the proposed regulations is outlined in a recent report, which "calls for a new market licence category for DCEs, which would require certain capital adequacy levels, auditing and responsible person tests, at a minimum." This suggests a desire to bring DAOs within a regulatory perimeter similar to that of traditional financial institutions, focusing on accountability and transparency. Speaking at the Australian Blockchain Week 2025 conference last month, senator Andrew Bragg called for urgent regulation of decentralized autonomous organizations (DAOs) under the nation’s Corporations Act as part. The implications of this regulatory push could be significant, offering DAOs the legal standing to enter into contracts and operate with greater certainty. This clarity is essential for fostering further growth and adoption of DAOs within the Australian ecosystem. Stay tuned for further updates as the regulatory landscape evolves and Senator Bragg\'s calls for "urgent" DAO regulation progress.

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