Chris Dixon, founder of Andreessen Horowitz’s a16z Crypto subsidiary, recently stated that more clarity is needed from the US government regarding stablecoin regulations. Speaking at the Permissionless III event in Salt Lake City, Dixon emphasized that the cryptocurrency market has overcome many technological hurdles, but the two biggest hurdles right now are infrastructure and policy clarity.

Dixon has a unique perspective in the investment world, bridging both traditional finance and digital assets. Noting that half of his investments in recent years have been in the application layer, Dixon said that entrepreneurs have not been able to build what they want due to regulatory uncertainty.

Dixon noted that the lack of regulatory clarity is holding the industry back, and that there is potential for a renaissance with new entrepreneurs, applications, and developments. He argued that the current regulatory regime targets good actors while ignoring fraudsters. Dixon emphasized that regulatory policy needs to provide clarity and eliminate fraudsters.

Share your views in the comments!