Here’s how current laws governing crypto compare to what would change if the CLARITY Act is passed into law.

Today we're talking about the passage of the GENIUS Act. The "Guiding and Establishing National Innovation for US Stablecoins Act" — which provides clear rules of the road for stablecoins in the U.S. We cover the law's implications, the recent high-stakes vote in the House of Representatives, and the bipartisan efforts to pass this groundbreaking bill. We also touch on the CLARITY Act — a major new “market structure” bill that would establish a clear regulatory framework for digital asset markets — which the House also passed with bipartisan support and which is now headed to the Senate. Here to separate the signal from the noise are members of the a16z crypto team who had a front-row seat to the action. We've got @milesjennings, a16z crypto's General Counsel and Head of Policy, plus a16z Government Affairs Partners @BenNapier and Michael Reed, who are responsible for liaising with House Republicans and House Democrats, respectively. They share the inside scoop. Timestamps: (0:00) Introduction (1:01) Understanding the GENIUS Act (3:56) News Summary: What Happened in the House (5:45) Central Bank Digital Currency (CBDC) Contention (7:01) House Vote Drama: Republicans (9:31) House Vote Drama: Democrats (14:28) Winners and Losers (16:01) Decentralized Stablecoins and SEC Involvement (17:49) CLARITY Act and Future Legislation (21:47) Looking Ahead w/ our host @rhhackett 🎙️

Today we're talking about the passage of the GENIUS Act. The "Guiding and Establishing National Innovation for US Stablecoins Act" — which provides clear rules of the road for stablecoins in the U.S. We cover the law's implications, the recent high-stakes vote in the House of Representatives, and the bipartisan efforts to pass this groundbreaking bill. We also touch on the CLARITY Act — a major new “market structure” bill that would establish a clear regulatory framework for digital asset markets — which the House also passed with bipartisan support and which is now headed to the Senate. Here to separate the signal from the noise are members of the a16z crypto team who had a front-row seat to the action. We've got @milesjennings, a16z crypto's General Counsel and Head of Policy, plus a16z Government Affairs Partners @BenNapier and Michael Reed, who are responsible for liaising with House Republicans and House Democrats, respectively. They share the inside scoop. Timestamps: () Introduction () Understanding the GENIUS Act () News Summary: What Happened in the House () Central Bank Digital Currency (CBDC) Contention () House Vote Drama: Republicans () House Vote Drama: Democrats () Winners and Losers () Decentralized Stablecoins and SEC Involvement () CLARITY Act and Future Legislation () Looking Ahead w/ our host @rhhackett 🎙️

Excited to announce we’re leading a $15M seed round in Poseidon, which was incubated by @StoryProtocol and is building a decentralized data layer to coordinate supply and demand for AI training data. The first generation of AI foundation models were trained on data that seemed to be an effectively unlimited resource. Today, the most accessible resources such as books and websites have mostly been exhausted, and data has become a limiting factor in AI progress. Much of the data that remains now is either lower quality or off-limits due to IP protections. For some of the most promising AI applications — across robotics, autonomous vehicles, and spatial intelligence — the data doesn’t even exist yet. Now these systems need entirely new types of information: multi-sensory, rich in edge cases, captured in the wild. Where will all this physical-world data come from? The challenge isn't just technical — it’s a problem of coordination. Thousands of contributors must work together in a distributed way to source, label, and maintain the physical data that next-gen AI needs. We believe no centralized approach can efficiently orchestrate the data creation and curation that’s needed at the required level of scale and diversity. A decentralized approach can solve this. @psdnai allows suppliers to collect the data AI companies need, while ensuring IP safety via Story’s programmable IP license. This seeks to establish a new economic foundation for the internet, where data creators get fairly compensated for helping AI companies power the next generation of intelligent systems. Poseidon’s team, led by Chief Scientist and Cofounder @SPChinchali, brings deep expertise in AI infrastructure. Sandeep is a professor at UT Austin specializing in AI, robotics, and distributed systems, with a PhD from Stanford in AI and distributed systems. Head of Product and Cofounder @sarickshah spent a decade as a machine learning engineer, scaling AI products for large enterprises across financial services, telecom, and healthcare. We are excited to support Poseidon in its work to solve one of the most critical bottlenecks in AI development.

AI is moving beyond the browser and into the real world. The bottleneck? Data. Today we’re announcing a $15M seed round led by @a16zcrypto to build infra that collects, curates, and licenses high-quality data for physical AI. Incubated by and built on @StoryProtocol.

We are excited about the CLARITY Act. This is a watershed moment for crypto and America. Years of uncertainty have stifled innovation, exposed consumers to harm, and favored profiteers. The CLARITY Act could be a generational law. When our legal frameworks are designed to foster innovation and protect consumers, America leads, and the world benefits. Here’s more about CLARITY and why it matters.

With GENIUS and CLARITY, the US will lead in crypto/blockchain/web3. 🇺🇸🚀

With the GENIUS Act celebration done, builders already want to know what's next. The answer is CLARITY – crypto market structure legislation – which also got overwhelming bipartisan support in the House last week. Here's everything you need to get caught up on CLARITY:

The GENIUS Act is getting signed today, bringing clear rules of the road for stablecoins. Here's why stablecoins are better money, how they're better for people and businesses, and the mental models you can use to understand them. My master thread on stablecoins. 👇

Clear rules for stablecoins and the road ahead At the White House today, the first piece of U.S. crypto legislation will be signed into law: the GENIUS Act. It provides clear rules for stablecoins. This is a historic moment — not just for crypto, but for the world at large. That’s because stablecoins give us something we’ve never really had before: open money infrastructure. Stablecoins are a better form of money: faster, cheaper, and more global. They cut fees and eliminate intermediaries. They are auditable and programmable. They allow developers to build new kinds of apps that weren’t possible before: low-to-no cost remittances, programmatic micropayments, AI-native transactions, transparent and disintermediated global commerce, and more. Stablecoins give the world access to the dollar, they spread financial freedom, and they ensure that the next generation of financial infrastructure is built on U.S. standards. For too long, innovators in crypto have operated under legal uncertainty. That uncertainty has stifled progress, driven builders offshore, and created a fragmented internet. The GENIUS Act reverses this: it creates clarity for stablecoins and sets us on a path toward broader crypto market structure reforms. This is how the internet moves forward: through clear rule-making. With the GENIUS Act, stablecoins have clear rules, paving the way for better payments, financial products, and an overhaul of the global financial system. Next, we need the same for the rest of the crypto market. The Senate can do this by passing the CLARITY Act, which provides clear rules of the road for the broader crypto industry, opening a path for innovators while also protecting consumers from scams and bad actors. We believe that the U.S. can lead the next era of the internet — the read-write-own era — by enabling open, user-owned protocols instead of the closed, corporate platforms that defined the last one. This legislation lays the foundation for that future. It's the beginning of a new chapter.