A16z, DeFi Group Pitch U.S. SEC on Safe Harbor For DeFi Apps
Over its years of shepherding its portfolio firms through regulatory waters in the U.S., Andresseen Horowitz (a16z) has made several proposals to keep securities laws off of crypto activity, and a new petition to the Securities and Exchange Commission is seeking such protection for decentralized finance (DeFi) websites and mobile applications. The request, sent in…