A16z Crypto: A Positive Outlook on Evolving Crypto Regulations in the U.S. - CareersNG
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A16z Crypto: A Positive Outlook on Evolving Crypto Regulations in the U.S.

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A16z Crypto: A Positive Outlook on Evolving Crypto Regulations in the U.S.

Legal and policy experts from the crypto arm of a16z are confident that “the future of crypto in the US is bright.”

The crypto arm of venture capital firm Andreessen Horowitz (A16z) said that there will be “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States.

“While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” it stated before adding that this means that “where there is trust, there is regulation” still applies.

A16z Crypto legal and policy experts Miles Jennings, Michele Korver, and Brian Quintenz shared their positive outlook for crypto regulations in a blog post on Nov. 10, days after Donald Trump’s presidential election victory on Nov. 6.

We’re very optimistic that the government will now foster innovation, accelerate progress, and enable the crypto ecosystem to thrive in the U.S.”

Trump has promised a pro-crypto political stance, which had been more or less absent from the previous administration. This will lead to an “incredible opportunity” to build on bipartisan progress, said the a16z experts.

“The good news is that there is now a pathway for constructive engagement with regulatory agencies and legislation that can bring regulatory clarity.”

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