[a16z Partner: Disappointed by the Voting Results of the CLARITY Act, but the Crypto Industry is Stronger Than Ever] BlockBeats News, September 16, a16z partner Chris Dixon expressed disappointment that the CLARITY Act failed to advance further. However, he emphasized that the fundamentals of the crypto industry are stronger than ever. Currently, billions of dollars are flowing on-chain, leading payment companies and financial institutions are adopting blockchain technology, and entrepreneurs worldwide are developing new financial products. a16z's work in Washington is far from over and will continue to push for clear regulatory rules that both protect consumers and support entrepreneurs.