American venture capital firm Andreessen Horowitz held a private meeting with representatives of US regulatory authorities in order to demonstrate to them the prospects and potential of cryptocurrencies. It is reported by The Wall Street Journal.
It is noteworthy that the meeting took place in May, but it became known about it only now. Among the participants of the event were representatives of the US Treasury, the Securities and Exchange Commission (SEC), the Commodity Exchange Trading Commission (CFTC), as well as cryptocurrency companies invested by Andreessen Horowitz.
It is reported that the co-founder of the venture capital company Mark Andrissen tried to convince the authorities to ease the regulatory pressure on the cryptocurrency industry, since the latter, in his opinion, can help strengthen security in the Internet environment.
Nevertheless, regulators still do not intend to deviate from their plans to develop clear regulatory rules for the crypto industry. Thus, the representative of the US Treasury noted that the requirements to combat money laundering in this area are still not properly observed.
It is worth noting that, despite the fact that the participants in the event apparently did not come to any clear agreements or compromises, the very fact of a meeting of representatives of the highest regulatory authorities of the United States and cryptocurrency companies is a very important step for further interaction between authorities and the industry.
Recall that Andreessen Horowitz was founded in June 2009, and last year the company launched a blockchain-oriented fund with assets of $ 300 million.