Tag: United States

U.S. Court Holds DAO Members Accountable, A16z’s Miles Jennings Warns of Wider Implications

Miles Jennings, general counsel and head of decentralization at a16z Crypto, has warned of significant implications for decentralized governance following a recent U.S. court decision in a case involving the decentralized autonomous organizations (DAO) governing Ethereum's largest staking platform, Lido. On November 18, Judge Vince Chhabria of the U.S. District ...

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Crypto Industry Supporters Raise Concerns Over SEC’s Proposed Custody Regulation

Cryptocurrency industry supporters have raised concerns about a proposed regulation by the U.S. Securities and Exchange Commission (SEC) that would tighten laws surrounding crypto custody. The Blockchain Association, an advocacy group, and Web3 venture capital firm Andreessen Horowitz (a16z) have both written letters to the regulator, arguing that the proposal ...

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