[a16z Crypto: CFTC Should Clarify Rules for Blockchain Protocols and Applications] a16z Crypto stated that the CFTC should clarify rules for blockchain protocols and applications to protect developers. Regarding the 'crypto sprint initiative' launched by the CFTC in August, a16z Crypto believes the CFTC should declare that blockchain networks, smart contract protocols, and developers are not subject to registration requirements under the Commodity Exchange Act. Additionally, it should provide no-action relief or interpretive guidance to clarify situations where registration is not required, and establish safe harbors through formal rulemaking or exemption relief.