DAO Coverages

NavCoin

DAO:

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Date:

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NavCoin is an open-source, blockchain-based Proof of Stake (PoS) cryptocurrency based on Bitcoin Core. The main blockchain is supplemented with a sub-chain, NavTech, which mixes and anonymizes transactions on the NavCoin blockchain. WACEO has identified several potential regulatory and legal issues in the NavCoin DAO, including the legal implications of absolute transactional anonymity, and possible confusion of legal jurisdiction when it comes to smart contract disputes.

*Disclaimer: This coverage should not be considered legal, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine what the correct regulatory guidelines are.

DAO:

NavCoin

Website:

Date:

Watch the Live Coverage

youtube

NavCoin is an open-source, blockchain-based Proof of Stake (PoS) cryptocurrency based on Bitcoin Core. The main blockchain is supplemented with a sub-chain, NavTech, which mixes and anonymizes transactions on the NavCoin blockchain. WACEO has identified several potential regulatory and legal issues in the NavCoin DAO, including the legal implications of absolute transactional anonymity, and possible confusion of legal jurisdiction when it comes to smart contract disputes.

*DISCLAIMER:
This coverage should not be considered legal, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine what the correct regulatory guidelines are.

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