a16z Crypto: Tokens Will Be Legitimate Under New Regulations
Influential venture capital firm a16z crypto has a reassuring message for crypto founders: There is finally room to relax when it comes to regulations.
The firm, in a recent post, urges crypto founders to take advantage of the new possibilities for engaging with regulatory agencies and passing legislation that can provide much-needed clarity in the industry.
a16z states that with this newfound empowerment, founders can confidently explore the groundbreaking products and services that blockchain technology enables, including tokens.
The post, co-written by a16z crypto’s heads of policy and regulatory, as well as its general counsel, predicts a more lenient regulatory and governance environment for the crypto sector under the incoming administration.
However, they caution that most discussions and predictions about specific policies at this point are mere “noise.”
