What do you think of the 'Beneficial Ownership Information Report' in the Marshall Islands' new DAO Act?

What do you think of the 'Beneficial Ownership Information Report' in the Marshall Islands' new DAO Act?

pseudoslam

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The Marshall Islands' new DAO Act requires any DAOs registering as an LLC in the country to submit an annual report providing the full name, DoB, address, passport number and digital wallet address of any individual/entity holding over 25% of the governance tokens in a DAO.

Thoughts on this? Is it a sensible compromise to encourage transparency? Is it an overstep? Can you see issues arising?

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