Chris Dixon, a partner at a16z, emphasized the importance of the U.S. government further clarifying regulations during discussions on stablecoin regulation. The cryptocurrency market has overcome many technical barriers, but it still faces two main challenges: infrastructure and policy clarity. Dixon believes that with new entrepreneurs and innovative ideas continuously emerging in the digital assets space, a true revival and development of the industry is possible. Although the infrastructure is in place, the lack of regulatory transparency hinders further growth in the sector. He advocates that regulatory policies should prioritize transparency, providing a clear path for legitimate participants while combating fraud and other malicious activities.

According to Deep Tide TechFlow, on October 10, a16z partner Chris Dixon emphasized the importance of the U.S. government further clarifying regulations during a discussion on stablecoin regulation. He pointed out that the cryptocurrency market has overcome many technical barriers but still faces two main challenges: infrastructure and policy clarity. While some analysts believe that large investors do not pay attention to application-layer startups, Dixon disagrees with this view. He noted that at least half of a16z's investments over the past few years have been concentrated in the application layer. However, these startups often struggle to realize their visions due to concerns about legal disputes in the next five years.

Dixon believes that with new entrepreneurs and innovative ideas in the digital asset space constantly emerging, a true revival and development of the industry is possible. Although the infrastructure is in place, the lack of regulatory transparency hinders further industry growth. He advocates that regulatory policies should prioritize transparency, providing a clear path for legitimate participants while combating fraud and other malicious activities. This is crucial not only for consumers but also for the healthy development of the industry; otherwise, issues similar to FTX may arise again.

a16z Partner: The Crypto Market Has Overcome Technical Barriers, Calls for Clear Regulations from the US Government