a16z Crypto Fund Managing Partner Calls for Accelerated CLARITY Bill: Crypto Developers Urgently Need Clear Rules
TL;DR
a16z Crypto Fund's Chris Dixon urges faster passage of the CLARITY Act to provide clear rules for crypto developers, emphasizing its role in supporting decentralization and innovation in the U.S.
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According to Odaily Odaily, Chris Dixon, Managing Partner of the a16z Crypto Fund, stated in an article on the X platform that crypto developers urgently need clear rules. While both parties in the US, along with Trump and members of the crypto industry, have worked closely together over the past five years to protect decentralization, support developers, and provide equal opportunities for entrepreneurs—the core of the CLARITY Act is to achieve these goals. However, the Act is not perfect; its progress is still too slow and needs amendments before becoming law. But if the US wants to continue being the best place globally to build the crypto future, it must accelerate the CLARITY Act.