PANews reported on August 1st that according to Cointelegraph, the well-known venture capital firm a16z called on US lawmakers to revise the draft crypto regulatory bill, warning that the proposedPANews reported on August 1st that according to Cointelegraph, the well-known venture capital firm a16z called on US lawmakers to revise the draft crypto regulatory bill, warning that the proposed

a16z warns of loopholes in draft cryptocurrency rules, recommends adopting a "digital commodity" regulatory framework

2025/08/01 19:39
1 min read

PANews reported on August 1st that according to Cointelegraph, the well-known venture capital firm a16z called on US lawmakers to revise the draft crypto regulatory bill, warning that the proposed framework could have dangerous loopholes and undermine investor protection. a16z submitted an open letter to the US Senate Banking Committee, proposing amendments to the draft revision of the "21st Century Financial Innovation and Technology Act": 1. Opposing the current "affiliated assets" framework, believing that it conflicts with the securities law "Howey Test" and may weaken investor protection; recommending the adoption of clearer regulatory standards for "digital commodities." 2. Warning of loopholes in the primary/secondary market split regulation, project parties may exploit exemptions to sell assets to insiders at low prices and then resell them on the public market; proposing to use "degree of decentralization" as the regulatory dividing line, requiring the relinquishment of control in order to lift trading restrictions. 3. Requesting that blockchain-based technology activities, such as consensus algorithm operation and smart contract execution, should be exempted from being classified as securities.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump’s SOTU Tariff Claim: The Surprising Catalyst Behind America’s Economic Resurgence

Trump’s SOTU Tariff Claim: The Surprising Catalyst Behind America’s Economic Resurgence

BitcoinWorld Trump’s SOTU Tariff Claim: The Surprising Catalyst Behind America’s Economic Resurgence WASHINGTON, D.C. – February 2025 – President Donald Trump’
Share
bitcoinworld2026/02/25 12:20
The Strategic Masterstroke Behind Hiring A ‘Director Of Crypto Flows’

The Strategic Masterstroke Behind Hiring A ‘Director Of Crypto Flows’

The post The Strategic Masterstroke Behind Hiring A ‘Director Of Crypto Flows’ appeared on BitcoinEthereumNews.com. Mastercard Crypto Payments: The Strategic Masterstroke
Share
BitcoinEthereumNews2026/02/25 12:01
We’re not being as forward-looking as normal

We’re not being as forward-looking as normal

The post We’re not being as forward-looking as normal appeared on BitcoinEthereumNews.com. Bank of Canada (BoC) Governor Tiff Macklem addressed reporters’ questions, offering insights into the central bank’s monetary policy outlook. His remarks came after the BoC lowered its interest rate by 25 basis points to 2.50%, a move that markets had broadly anticipated. BoC press conference key highlights Wage growth continued to ease. The preferred core inflation measures have been around 3.0%. Underlying inflation is running around 2.5%. Consensus to cut rates was clear. Attention now shifts to how exports perform. There are still some mixed signals on inflation. The Inflation picture hasn’t changed much since January. We’re not being as forward-looking as normal. The Bank of Canada considered holding the overnight rate steady. I have more comfort looking at the upward pressure on CPI. We will be assessing the impact of government announcements on targeted support and support for big projects. Inflationary pressures look somewhat more contained. If risks tilt further we are prepared to take more action. Will take it one meeting at a time. This section below was published at 13:45 GMT to cover the Bank of Canada’s policy announcements and the initial market reaction. In line with market analysts’ expectations, the Bank of Canada (BoC) trimmed its policy rate by 25 basis points, taking it to 2.50% on Wednesday. Investors’ attention will now shift to the usual press conference by Governor Tiff Macklem at 14:30 GMT. BoC policy statement key highlights Rate cut was appropriate given the weaker economy and less upside risk to inflation. On a monthly basis, upward momentum in core inflation seen earlier this year has dissipated. Disruption linked to trade shifts will continue to add costs even as they weigh on economic uncertainties. BoC says it will continue to support economic growth while ensuring inflation remains well controlled. Ottawa’s decision to scrap tariffs…
Share
BitcoinEthereumNews2025/09/18 05:17