Miles Jennings will step into his role as head of policy at a16z Crypto, at a time when Congress is actively discussing legislation on stablecoins, market structure, and other crypto-related issues.

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Jennings will be stepping into Quintenz's former role as discussions around legislation with hopes to have both stablecoin and market structure bills signed into law by the end of the year.

The leadership change comes at a time when crypto regulation is experiencing a rise in focus within Washington. Regulatory initiatives on stablecoins, market structure, and other aspects of the cryptocurrency industry have been under heavy focus with concurring discussions in Congress.