Coinspeaker VC Giant A16z Sees ‘Legitimate and Lawful’ Crypto Regulations under Trump Administration

Donald Trump’s victory in the US Presidential Elections last week has set the tone for crypto-friendly regulations ahead with individuals and companies looking forward to this. VC giant Andreessen Horowitz a16z is hopeful of key regulatory measures that will foster growth and innovation in the crypto space. In its new blog post addressing the crypto founders, a16z noted:

“The good news is that there is now a pathway for constructive engagement with regulatory agencies and legislation that can bring regulatory clarity. You should now all feel empowered to explore all of the groundbreaking products and services that blockchains enable, including tokens.”

In the blog post ‘A Positive Path Forward’ the crypto heads of policy and regulatory said that they are looking forward to an accommodative crypto regulation and governance of the crypto sector, under the Trump administration. However, it notes that the “vast majority” of speculation around the specifics of such a regime is merely “noise” at this stage.

Additionally, the post talks about token issuance as an area where crypto project founders can feel more confident. “For many of you who have postponed using tokens to distribute project control and foster community due to concerns over regulatory overreach, you can now feel more confident in using tokens as a legitimate and lawful tool,” the post explains.

Andreessen Horowitz’s Crypto Plans for Next Two Years

Miles Jennings, Brian Quintenz, and Michele Korver, the authors of the blog post shared the plans of VC giant a16z for the next two years.

In a recent announcement, the authors revealed plans to push for clearer regulatory frameworks in the coming year to support innovation and decentralization in the US. “Next year, we’ll advocate for clear regulatory frameworks that foster and bolster innovation and decentralization,” they stated.

Additionally, they also indicated that the new guidance on utilizing the Decentralized Unincorporated Nonprofit Association (DUNA) structure will soon be released. This guidance will help projects establish themselves in the US, protect tokenholders from liability, address tax and compliance issues, and stimulate economic activity.

In the blog post, the a16z authors maintain a cautious outlook, however, they still maintain caution noting that certain actions could still trigger regulatory attention. “While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” the authors wrote.

In a separate post on the X platform, Jennings noted that clearer rules will make it easy to identify bad actors thereby making the environment cleaner for good and quality projects.

We’ve been flooded with crypto founders asking us what the recent election means for their projects.

TLDR: We have an incredible opportunity to build on the bipartisan progress from the last Congress and bring the best of crypto to the world.

You’ll hear a lot of speculation…

— miles jennings (@milesjennings) November 10, 2024

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VC Giant A16z Sees ‘Legitimate and Lawful’ Crypto Regulations under Trump Administration