US Representative Bryan Steil urges lawmakers to avoid adding non-germane items to crypto bills to expedite the implementation of a regulatory framework.
Democratic lawmakers previously withdrew support for the GENIUS Act citing concerns about potential conflicts of interest concerning former President Donald Trump's crypto ventures.
Steil emphasizes the importance of focusing on the regulatory framework within the bills to benefit American consumers and promote innovation within the crypto market.
Senator Mark Warner also stresses the significance of US lawmakers actively shaping blockchain technology to align with democratic values and prevent external influence on regulations.