DAO Coverages

Universal

DAO:

Website:

Date:

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Universal Protocol DAO provides DeFi services and is a basis for its stable coin Universal Dollar (‘U8D’). This DAO seeks to promote capital flow within the blockchain environment, and create a more secure and accessible stable coin. U8D is backed by the USD and can be easily converted to other types of value. Since Universal Protocol operates on EU territory, WACEO has identified several issues, including potential issues should users face financial fraud, and the DAO’s non GDPR compliant data protection policy.

*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:

Universal

Website:

Date:

Watch the Live Coverage

youtube

Universal Protocol DAO provides DeFi services and is a basis for its stable coin Universal Dollar (‘U8D’). This DAO seeks to promote capital flow within the blockchain environment, and create a more secure and accessible stable coin. U8D is backed by the USD and can be easily converted to other types of value. Since Universal Protocol operates on EU territory, WACEO has identified several issues, including potential issues should users face financial fraud, and the DAO’s non GDPR compliant data protection policy.

*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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