US Congressman Urges "Do Not Add Unrelated Content to Cryptocurrency Bill"

Uk Jin

Summary

US Congressman Bryan Steil emphasized that adding unrelated content to cryptocurrency bills delays the implementation of a regulatory framework.
Congressman Steil stated that some lawmakers should refrain from attempting to add content based on personal demand.
He pointed out that Democratic lawmakers refused to vote due to issues related to former President Donald Trump, which he stated are unrelated to the bill itself.

As the pace of preparing cryptocurrency regulations accelerates in the United States, voices are emerging in the political arena urging not to add 'non-germane items' to the bill.

According to cryptocurrency specialist media CoinTelegraph on the 28th (local time), US Congressman Bryan Steil emphasized in an interview, "Do not add unrelated content to major cryptocurrency bills," adding, "This delays the implementation of a regulatory framework for the cryptocurrency industry." Congressman Steil is the chairman of the House Financial Services Subcommittee on Digital Assets in Wisconsin.

He further added, "Some lawmakers want to add unrelated content to the cryptocurrency bill based on personal demand," and "such attempts should be refrained from."

Congressman Steil's remarks are interpreted as a response to Democratic lawmakers refusing to vote on the Genius Act, a stablecoin bill, criticizing former President Donald Trump's cryptocurrency business. Congressman Steil emphasized, "Concerns related to President Trump are unrelated to the bill itself."