Summary
- a16z Crypto announced the appointment of Miles Jennings as head of policy.
- The company stated that legal and policy responses have become important due to the U.S. government's increased interest in digital assets.
- Jennings will proceed with negotiations on stablecoin and market structure legislation.
According to The Block, a cryptocurrency-focused media outlet, on the 18th (local time), as the U.S. government's interest in digital assets (cryptocurrencies) increases, a16z Crypto has appointed its in-house legal counsel, Miles Jennings, as head of policy.
Previously, President Donald Trump nominated Brian Quintenz, a16z's cryptocurrency policy head, as chairman of the Commodity Futures Trading Commission (CFTC).
Miles Jennings will continue negotiations on legislation related to stablecoins and market structure, one of the key tasks of his predecessor, Brian Quintenz.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
