a16z crypto Policy Head Miles Jennings: GENIUS Act Will Solidify the Permanence of On-Chain Finance

Techub News reported that Miles Jennings, the global policy head of a16z crypto, stated that the consolidation of stablecoin regulation through the GENIUS Act in the United States will establish the permanence of blockchain finance and promote stability in global markets. Miles Jennings expressed these views at the Global Blockchain Summit held in Seoul, South Korea. He believes that this act makes the transition to on-chain finance nearly irreversible. (Crypto Briefing)