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Crypto Industry Isn’t Opposed to Regulation But Needs Clarity from Regulators, Says A16z’s Katie Haun
Summary: Andreessen Horowitz (a16z) General Partner Katie Haun said the crypto industry isn’t opposed to regulation but does need clarity from regulators. “It’s not that the industry does not want regulation. I always say it wants clarity. But it also does not want to be treated as a monolith,” Haun told CNBC’s Kate Rooney during the ...
Andreessen Horowitz (a16z) General Partner Katie Haun said the crypto industry isn’t opposed to regulation but does need clarity from regulators. “It’s not that the industry does not want regulation. I always say it wants clarity. But it also does not want to be treated as a monolith,” Haun told CNBC’s Kate Rooney during the annual Delivering Alpha investor summit. A16z raked in $2.2 billion in June to launch its third crypto fund, the largest crypto-related fund to date.
Haun said regulators “need to assess the fact that we’re beyond just financial use cases” in crypto, and regulation “can not be one size fits all.”
“The SEC has a place in this industry to regulate large portions of the industry. No question about that. There are increasingly larger portions of the industry that I don’t think fall under the SEC’s jurisdiction [that] might well fall under other regulatory bodies’ jurisdiction,” Haun said.
By Amy Liu
Tags: Crypto,Katie Haun,Regulation
Link: Crypto Industry Isn’t Opposed to Regulation But Needs Clarity from Regulators, Says A16z’s Katie Haun [Copy]
