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Crypto companies form Texas blockchain group to advocate for clear regulations

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The group claims it will promote laws that make it easier for DAOs to be recognized as legal entities, as well as crypto-friendly changes to bank charters.

To further its goals, the Crypto Freedom Alliance will foster educational initiatives that will target government officials, corporations, non-profits, and other organizations in an effort to highlight the value of Web3 in the state of Texas, the announcement stated.

“Modifying the unincorporated association law that applies more generally to limited liability types of entities is a state issue, and there are only a few states that have adopted the Uniform Code of Unincorporated Associations […] Texas is one of them,” Quintenz stated.

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