Hong Kong lawmaker calls for DAO regulation to boost investment in Web3

Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate Decentralized Autonomous Organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High Court ruling underscores the rule of law in Web3’s operations and sets a significant legal precedent. The case of the Mantra chain An MP from Hong Kong, Johnny (…)