MoonDao

Overview

MoonDao is a decentralized reserve currency protocol based on the MD token. Each MD token is backed by a basket of assets (e.g. DAI, USDC) in the MoonDao treasury, giving it an intrinsic value that it cannot fall below.

Agent Information

Regulatory Considerations

Based on our analysis, MoonDao operates in the infrastructure sector with medium regulatory risk. Key considerations for APAC jurisdictions:

• Hong Kong: Generally lower regulatory burden for infrastructure services
• Singapore: May fall under PSA exemptions
• Japan: Depends on specific functionality