The Israeli government has established a special team to study the regulation of decentralized autonomous organizations (DAOs) and will be seeking public input on the matter until September. The team will be led by the Chief Economist at the Ministry of Finance and the Head of the Corporations and Capital Market Cluster at the Ministry of Justice, and will examine the uses and decision-making processes within DAOs. The team will also explore the use of native crypto tokens and associated risks in these organizations to provide regulatory clarity. The public can submit comments on the government's plans until September 3rd. Israel has been working on initiatives to regulate the crypto sector, including axing capital gains taxes for foreign crypto investors, but has also implemented stricter measures for certain crypto, such as stablecoins.