The Sushi DAO, the decentralized autonomous organization behind crypto exchange SushiSwap, has approved a legal restructuring on Oct. 26 that creates three new decentralized entities, aiming to provide more flexibility to its operations.
As per the discussion regarding the proposal, the process to set up the entity structure is expected to take four weeks.
The move came as authorities in the United States and European Union continue to work on frameworks for regulating digital assets.
As stated in a long series of comments by a user named Daimon: "Don’t pick countries which are constantly at risk of political collapse, financial collapse, military coups or North American bail-outs.
The SEC boosted its ability to handle specialized issuer filings by adding an Office of Crypto Assets in September dedicated solely to cryptocurrency asset applications and services.
Source: Cointelegraph
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