Venture Capital Giant Andreessen Horowitz Plans Trip to Washington To Discuss Crypto Regulation With White House

A Silicon Valley-based venture capitalist is planning to meet with White House officials to discuss cryptocurrency regulations.

Investment firm Andreessen Horowitz, also known as a16z, is sending representatives to Washington to promote its vision on how digital assets should be regulated in the United States, according to a CNBC report.

 

Global head of policy for a16z Tomicah Tillemann says that due to the decentralized nature of cryptos, it could make sense to create new governmental agencies to regulate them beyond the scope of the U.S. Securities and Exchange Commission (SEC).

According to Tillemann, the US is falling behind on regulating its digital infrastructure, a concern which he hopes the firm can bring to the attention of lawmakers.

 

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