According to Cointelegraph, Chris Dixon, a partner at Silicon Valley venture capital firm Andreessen Horowitz (a16z) and a top crypto investor, believes that "clear regulatory clarity on stablecoins" is necessary to prevent a repeat of the events that occurred during the collapse of FTX. Dixon emphasized, "Crypto infrastructure is here and regulatory clarity is lagging behind across the board. I favor regulation that gives good actors a clear path forward while weeding out bad actors like fraudsters. This is the path forward for consumers first, and industry second. If we don’t get this right, we can expect more FTX-like events.”