Coinbase, Paradigm, a16z jointly advocate for transparent and clear cryptocurrency regulations in Texas

Odaily News a16z, Bain Capital Crypto, Blockchain Capital, Coinbase, Ledger, and Paradigm have formed a coalition to advocate for transparent and uniform regulations around digital assets in Texas. In a statement released on September 11, the coalition said that given the federal government’s inability to legislate reasonably in this area, Texas has an opportunity to adopt progressive cryptocurrency regulations. The alliance aims to provide resources to regulators and industry stakeholders in Texas seeking to gain knowledge and harness the potential of crypto technology.