VC firm a16z pursuing crypto lobbying push in Washington

VC firm a16z pursuing crypto lobbying push in Washington

Anthony Albanese, chief operating officer of Andreessen Horowitz’s (a16z) crypto division, and Katie Haun, general partner at the firm, are among a high-powered delegation from the venture capital giant that will engage with lawmakers and administration officials in the United States on crypto regulations.

According to CNBC on Wednesday, the move is part of efforts by the Silicon Valley-based VC outfit to promote favorable regulation of the emerging Web 3.0 ecosystem.

Speaking to CNBC, a16z’s global policy chief Tomicah Tillemann decried the broken state of the current Web 2.0 status quo. According to Tillemann, Web 3.0 offers an alternative to the challenges posed by the issues in today’s internet.

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In a Web 3.0 policy document issued on Wednesday, the VC firm argued for better regulatory standards for the

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