馃毃 Important news in the world of cryptocurrencies 馃搳. A16z Crypto criticizes the new regulations from the U.S. Treasury 馃毇. The regulatory director, Michele Korver, expressed her concern about the threat posed by the new reporting rules for brokers to the potential of decentralized finance (DeFi) 馃.
Event Analysis
A16z Crypto believes that decentralized finance can improve financial services and the digital economy.
The new regulations from the U.S. Treasury pose a direct threat to this potential and undermine the future of DeFi innovation in the United States.
A16z Crypto supports the lawsuit filed by the Blockchain Association, the DeFi Education Fund, and the Texas Blockchain Council, and will continue to fight on multiple fronts to protect DeFi technology.
