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JUST IN: Gensler and Biden were simply better for cryptocurrencies,” says Tally CEO as DAO governance platform shuts down.
End of DAOs? Company behind Uniswap and Arbitrum governance says loosening regulations made decentralization optional.
Tally, a leading governance platform for more than 500 crypto DAOs, including Uniswap and Arbitrum, is shutting down after six years, as CEO Dennison Bertram says the regulatory and market forces that justified on-chain governance have disappeared.