The aircapes should get a “safe port” from regulation, A16Z CRIPTO Head of Policy

The air zip should be “safe, legal and common”, said the head of A16Z policies, advocacy for a secure port of regulatory implementation.

The crippto industry continues its pressure for more favorable crypto regulation. On Thursday, 10 April, Miles Jennings, Head of Politics and General Defense Counsel at risk company Capital A16Z CRIPTO, He published a report Advocating for relieving regulations Cripto Airdrops.

Jennings criticized the sharp regulatory access to air by American securities and the exchange commission in Garse Gensler. Due to regulatory issues, most projects have excluded the Americans from airflows.

“Attack Biden Sec on Cripto created perverted incentives that were harmful to Americans. For example, they brought them excluded from aircapes, leasing them over the Internet,” Miles Jensings, A16Z.

A16Z suggests a “safe port”

Air caps are the method of distribution of crypto tokens to the owner. Some are given for rewarding engagements, and others serve as a marketing tool. However, because SEC under Gari Gensler considered most crypting assets to be a security, his position on air was largely negative.

According to the Agency, Cripto Airdrops amounted to unregistered securities offers, although most aircapes are effectively free for recipients. Jennings disagrees with that attitude, suggesting that air drops are essential for projects to achieve decentralization.

“Airdropi are not” sales “. Instead, they are critical in enabling Blockschain projects to function, but also allow them to achieve decentralization.”

To correct the current situation, Jennings suggests five states that would allow the radiation coat to be excluded from American securities laws. For a single air opening, it should be a network token, which means it gets its value from a decentralized blockade – not a company. Moreover, the Blokcain network should already be operational.

As for the distribution, it should be widely and fair, which means that it is not limited to private investors or risky capitalists. At the same time, the air should be free or based on the past use of the network. Finally, any part of the aircraft assigned to insiders should be locked at least one year to prevent mat moves.