The Swiss Association (Verein), a popular legal wrapper for DAOs under the Swiss Civil Code, offers flexibility and crypto-friendly governance but faces global jurisdiction challenges. While Switzerland’s robust legal system ensures compliance, DAOs operating internationally risk regulatory gaps. Decentralized structures may be treated as general partnerships in some jurisdictions, exposing members to unlimited liability. The lack of specific DAO legislation globally creates uncertainty, as foreign courts may not recognize Swiss Association status, complicating enforcement and taxation. Critics argue this allows DAOs to exploit jurisdictional loopholes, evading accountability. Proposals for bespoke DAO laws, inspired by Wyoming’s DAO LLC model, aim to address these issues, but Switzerland’s framework remains a balancing act between innovation and legal clarity. 0 reply
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