Regulatory Advocacy - a16z crypto advocates for privacy-preserving decentralized digital identity to enhance compliance and security in response to the U.S Treasury's GENIUS Act implementation [1] - The company urges FinCEN to update AML/KYC regulations to accommodate Zero-Knowledge Proofs (ZKPs) and other cryptographic methods for privacy-safe identity verification [1] - The company advocates for a clear distinction between decentralized stablecoins and payment stablecoins to facilitate fair, technology-driven regulation [1]