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Coin Telegraph

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Rep. Steil urges restraint on adding ‘non-germane items’ to crypto bills

  • 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.

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