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a16z: Over 13 million standalone Meme coins have been issued this year, highlighting the regulatory void in the crypto space

By: theblockbeats.news|2025/10/22 16:17:56

BlockBeats News, October 22nd, According to a report from Andreessen Horowitz's digital asset venture fund a16z crypto, more than 13 million unique Meme coins were issued in a single year in 2025, highlighting the regulatory vacuum in the cryptocurrency field and the urgent need for US market structure legislation.

In the 2025 Cryptocurrency Outlook report released on Wednesday, a16z crypto emphasized the importance of regulation to establish a clearer framework for cryptocurrency developers and investors. The fund stated that the currently proposed "Digital Asset Market Clarity Act" under congressional consideration will enhance consumer protection, oversee blockchain-based intermediaries, and provide a more defined regulatory path for digital assets.

BlackRock's address received 1,884 BTC and 10,585 ETH from Coinbase Prime

ENA experienced a brief 10% flash crash, liquidating the associated address of Andrew Kang on Hyperliquid.