West Virginia Bill SB1030 Seeks to Grant DAOs Legal Status as Decentralized Unincorporated Nonprofit Associations

West Virginia is advancing Bill SB1030 to grant legal recognition to Decentralized Autonomous Organizations by classifying them as Decentralized Unincorporated Nonprofit Associations. The proposal would permit these entities to be governed through smart contracts and define related digital assets. The bill has been referred to the state Senate Judiciary Committee.