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A16z Proposes Decentralization-Friendly Oversight Regime for US Government
Summary: Venture capital firm Andreessen Horowitz (a16z) has suggested four main areas where the U.S. government can govern cryptocurrency and blockchain technology. The firm outlined Tuesday what it saw as key issues in the decentralized finance (DeFi) sector – including consumer protections, decentralized autonomous organizations (DAOs), assessing regulatory fragmentation and overlap, as well as tax reporting ...
Venture capital firm Andreessen Horowitz (a16z) has suggested four main areas where the U.S. government can govern cryptocurrency and blockchain technology.
The firm outlined Tuesday what it saw as key issues in the decentralized finance (DeFi) sector – including consumer protections, decentralized autonomous organizations (DAOs), assessing regulatory fragmentation and overlap, as well as tax reporting and clarity regarding certain blockchain ecosystems.
“Each of our four proposals is designed to stand on its own, but taken together, they represent the start to a comprehensive approach to supervision, oversight, and taxation in a decentralized environment,” the venture firm said.
By Amy Liu
Tags: a16z,decentralization,Regulation
Link: A16z Proposes Decentralization-Friendly Oversight Regime for US Government [Copy]