Can the legal status of a DAO be changed or modified over time?

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Poland
  • Poland

Poland

The legal status of a DAO (Decentralized Autonomous Organization) under Polish jurisdiction could potentially be changed or modified over time, as the legal and regulatory landscape evolves. There are a few ways in which the legal status of a DAO might be changed or modified in Polish jurisdiction:

1. Legislative changes: If the Polish government enacts new legislation or amends existing laws
to specifically address the legal status of DAOs, this could change or modify the legal status
of a DAO operating in Poland. New regulations could provide clearer guidance on how DAOs
should be treated under Polish law, including recognition as legal entities, the rights and
responsibilities of DAO participants, and the tax implications of DAO operations.

2. Judicial decisions: As legal disputes involving DAOs arise and are resolved in Polish courts,
judicial decisions could establish legal precedents that help shape the legal status of DAOs in
the country. These decisions could provide guidance on how existing laws should be
interpreted and applied to DAOs, and could influence future legislative actions.

3. Voluntary action: A DAO could choose to modify its own legal status by seeking recognition
under an existing legal framework in Poland. This might involve incorporating as a specific
type of legal entity (such as a corporation or partnership) or otherwise restructuring the DAO to better align with existing legal categories.

Maciej Niezgoda

Intellectual Property, Data Protection, DeFi, Fintech, AML

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