Lawyer. PanteraCapital Chief of Staff. EmmaRosePB steers the waters of crypto regulations with a steady hand. Find out more in this RoadtoConsensus interview for Consensus2022::
launched record-breaking crypto funds. Did the asset price pullback at the beginning of 2022 slow venture capital investments?
As crypto fund sizes grow, an increasing number of firms, including a16z and Sequoia Capital, have filed to become registered investment advisers – a move that skirts regulations that cap cryptocurrency investments for venture capital firms at 20% of a given fund. Pantera has been an RIA for years, Bienvenu said., coincidentally on International Women’s Day, and drew backlash for the accompanying picture of the fund’s all-male team.
However, Bienvenu said to dispel the myth the crypto ecosystem should work to broadcast that it is open to women. “I don’t think of it as lobbying for any particular policy agenda, but there’s such a lack of understanding on the part of the regulators and elected officials on just how the tech works,” she said. The results are policy proposals that anyone who understands the tech would see as unworkable or unenforceable.