A16z Calls on the US Treasury to Exempt Decentralized Stablecoins from Regulation

By: theblockbeats.news|2025/11/12 08:45:53
0
Share
copy

BlockBeats News, November 12th, A16z Crypto submitted a proposal to U.S. Treasury officials, calling for clarification of key definitions in new stablecoin regulations, arguing that decentralized digital assets should be exempt from regulation to foster innovation. In a letter to Treasury Secretary Scott Bessent on November 4th, the company responded to the proposed rulemaking notice earlier this year under the GENIUS Stablecoin Act.

A16z Crypto praised the GENIUS Act in the letter as a "significant step towards the future of digital finance," while also calling for clarification on whether decentralized stablecoins fall outside the scope of the Act. Citing LUSD backed by Ethereum collateral as an example, the company argued that decentralized stablecoins are issued through autonomous smart contracts and not controlled by a central entity.

The letter pointed out: "The Treasury should clearly state that, as decentralized stablecoins are not issued by an 'individual' in the sense of the Act, they are not subject to the restrictions of Section 3(a)." According to the letter, Section 3(a) restricts the issuance of U.S. payment stablecoins to only allowable issuers.

You may also like

Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling

Why are tokenized stocks booming while the crypto market struggles? Explore the latest 2026 data, institutional adoption, and what it means for traders.

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Looking at Stripe's ambitions and the future of stablecoins from OUSD

Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.

Do you want to buy CRCL?

A detailed breakdown of Circle's business fundamentals and valuation logic: The panic over OUSD and the market correction have triggered a short-term mispricing, presenting an opportunity for left-side positioning and legislative speculation below $60.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

The most secretive AI winner

A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com