The UNISWAP Foundation headed a coalition of 18 main cryptocurrency organizations in the request of Treasury Secretary Scott Besent to obtain federal guidance on the fulfillment of the Decentralized Autonomous Organization (DAO).
In a letter of September 2, the Uniswap Foundation cites a persistent legal uncertainty that has promoted innovation on the high seas.
The document defends by the federal recognition of the decentralized framework of the non -profit association (DUNA) of Wyoming, signed in law in 2024, as a model to provide legal clarity to legal clarity while preserving its decentralized governance structures.
The Duna Framework allows to participate in contractual relations, manage the treasury funds and comply with tax obligations while protecting holders from personal responsibility holders.
The declared letter:
“DAOs in the United States have historically faced persistent legal uncertainty. Many DAOs have no clarity about whether basic companies, such as the ability to sign contracts, administer assets or fulfill tax obligations, will expose participants to personal responsibility.”
Bipartisan support in Congress
The initiative has obtained political support, with Senator Cynthia Lummis supporting the frame and defending efforts to “build the legal basis that American innovators need to succeed.”
The letter refers to the president’s work group on digital assets, which requires the collaboration of Treasury and IRS with non -profit organizations Blockchain to facilitate American domiciliation.
Uniswap’s governance, described as “one of the world’s largest and active DAOs,” has proposed to adopt the dune structure as a test of testing for the broader ecosystem. The coalition argues that this represents a milestone that demonstrates that compliance and decentralization can coexist within the US legal frameworks.
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Eighteen Organizations signed the letter, including entities established such as Polygon, Tally and The Blockchain Association, along with newer players such as Zksync, Morpho and the Solana Policy Institute.
The diverse coalition covers infrastructure suppliers, DEFI protocols, risk funds and policy defense groups.
Competitive threat
The signatories emphasized the competitive threat that represents other jurisdictions actively courting Blockchain organizations.
The letter warns that continuous regulatory ambiguity runs the risk of removing innovation from US markets as global competitors establish clearer frameworks for decentralized entities.
The coalition requests three specific federal actions: recognition of DAO compliance efforts in good faith, the commitment to communities that pilot frames such as Duna and the provision of federal roads, including safe ports, interpretive orientation or custom regulation.
The letter concluded:
“With a reflexive collaboration, we can make sure that the United States remains a home for native innovation of the Internet rooted in transparency, compliance and open participation.”
