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The Securities and Exchange Commission’s (SEC) new Crypto Task Force is soliciting public submissions on what it needs to do to keep crypto companies in the U.S. and bring back those already offshore. Those papers offer insights into what the crypto industry hopes a newly friendly government will do next. Here’s a look at what venture capital firm a16z and The Digital Chamber, a major industry advocacy group, are asking for. Both also start at the same place: The SEC’s unrelenting attacks on crypto and its refusal to create regulations that acknowledge the needs and realities of the digital asset industry have caused great harm and should be addressed as quickly as possible. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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