Andreessen Horowitz joins push against FinCEN's 11th-hour crypto rules

Andreessen Horowitz joins push against FinCEN's 11th-hour crypto rules

The venture capital firm has taken issue with U.S. regulators latest move against crypto. Major venture capital firm Andreessen Horowitz, also known as a16z, is the latest crypto-related form to oppose a recently proposed regulation in the United States.According to a blog post by a16z general partner Kathryn Haun, the Financial Crimes Enforcement Network has issued "a rushed, non-vetted rule under the cloak of the holidays that violates the government’s own established rulemaking procedures." FinCEN, which operates under the purview of Steven Mnuchin's Department of the Treasury,....


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