A16z flexes political clout with 50-page crypto screed to SEC – DL News
- SEC Commissioner Hester Peirce invited crypto stakeholders to weigh in with their opinions on how best to regulate the industry.
- Andreessen Horowitz took the opportunity to issue an extremely detailed policy letter.
Since Donald Trump’s election as president in November, venture capital giant Andreessen Horowitz has become a force in US politics.
The latest example: A 50-page policy recommendation outlining crypto regulation goals for the Security and Exchange Commission.
The letter is in response to an invitation from SEC’s Commissioner and Crypto Task Force Chair Hester Peirce, who in February invited stakeholders for their recommendations on forming crypto policies.
A16z said its approach would provide “a way out of the quagmire…
