Bluesky is spinning out the PLC directory:

"After considering several jurisdictions, legal structures, and potential parent organizations, the new entity will form as a Swiss Association. In a period of international uncertainty around Internet governance, Switzerland provides a credibly neutral and stable global home."

I like this. They’ve always acknowledged that PLC wasn’t intended to be permanent. Now there’s progress that’s better without waiting for it to be perfect. https://docs.bsky.app/blog/plc-directory-org