At the Bitcoin 2025 Conference in Las Vegas, U.S. Rep. Bryan Steil (R-WI) sent a clear message to Congress:
๐ "Keep crypto bills cleanโno unrelated add-ons!"
๐น Steil, Chair of the House Financial Services Subcommittee on Crypto, warned that attaching unrelated items to legislation is slowing down vital progress in establishing a regulatory framework for the crypto industry.
๐น The focus?
1๏ธโฃ GENIUS Act โ Stablecoin regulation
2๏ธโฃ New Crypto Market Structure Bill โ Based on the foundation of FIT21
๐ณ๏ธ Despite partisan tensions (especially around Trumpโs crypto ventures), both sides recognize the urgent need for clarity and innovation in the U.S. crypto space.
๐ฌ Steil:
โLetโs not sabotage this momentum. Clear, focused regulation will empower consumers, boost innovation, and strengthen U.S. leadership in blockchain technology.โ
๐ Backed by bipartisan insight:
โ๏ธ Sen. Mark Warner: Urges U.S. leadership in crypto to protect democratic values
โ๏ธ 70+ Democrats previously backed the FIT21 framework
โ๏ธ Bipartisan support for a smarter, forward-looking regulatory approach
๐ข With August recess approaching, the clock is ticking. Will lawmakers rise above politics to build a better crypto future?
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