A16z crypto’s Policy and Regulations team wrote that crypto founders should expect a less hostile regulatory environment after Trump’s re-election.
Last week’s US Presidential Elections saw Donald Trump emerge victorious, and there is anticipation among individuals and businesses for implementing crypto-friendly regulations. Andreessen Horowitz, a16z, a venture capital firm, is optimistic about implementing critical regulatory measures that will encourage innovation and growth in the cryptocurrency sector. a16z observed in its most recent blog post, which addressed the crypto founders:
“The good news is that there is now a pathway for constructive engagement with regulatory agencies and legislation that can bring regulatory clarity. You should now all feel empowered to explore all of the groundbreaking products and services that blockchains enable, including tokens.”
According to the crypto heads of policy and regulatory in the blog post “A Positive Path Forward,” they anticipate that the Trump administration will implement accommodative crypto regulation and governance for the crypto sector. However, the “vast majority” of speculation regarding the specifics of such a regime is merely “noise” at this juncture, it is noted.
Furthermore, the post discusses token issuance as a domain where crypto project founders may experience increased assurance. The post explains, “For many of you who have previously hesitated to use tokens to distribute project control and foster community due to concerns over regulatory overreach, you can now feel more confident using tokens as a legitimate and lawful tool.”
The blog post’s authors, Miles Jennings, Brian Quintenz, and Michele Korver, disclosed the objectives of VC giant a16z for the subsequent two years.
The authors recently disclosed their intention to advocate for more transparent regulatory frameworks in the United States to foster innovation and decentralization in the upcoming year. “We will advocate for transparent regulatory frameworks and promote innovation and decentralization in the upcoming year,” they declared.
Furthermore, they also stated that the new guidance on utilizing the Decentralized Unincorporated Nonprofit Association (DUNA) structure will be released soon. This guidance will assist projects in establishing themselves in the United States, safeguarding token-holders from liability, resolving tax and compliance concerns, and promoting economic activity.
The a16z authors maintain a cautious outlook in the blog post; however, they continue to exercise caution, noting that specific actions may still attract regulatory attention. The authors wrote, “While we will likely have more freedom to experiment, it is important to remember that the fundamental regulatory principles that apply to blockchain systems are unchanging.”
Jennings observed in a post on the X platform that the environment will be cleaner for good and quality projects due to the easier identification of bad actors due to more precise rules.
Optimistic Rollups and ZK Rollups have emerged as market leaders, contending for dominance through various approaches to scalability, speed, and…
Shytoshi Kusama hints at the launch of the TREAT token, aimed at strengthening Shiba Inu’s ecosystem with trust, governance, and…
SHIB's burn rate soared over 4100% today as the crypto market rallied, with leading analysts suggesting a potential Shiba Inu…
Analysts predict Ether price could reach a $20,000 cycle top, with momentum building in early 2025. In the upcoming weeks,…
Elon Musk scored a significant win against the US SEC as the court rejected the Commission's request to sanction him.…
Coin Center notes that the Trump administration favors crypto but warns that ongoing cases may pose challenges for investors and…