“Stop the nonsense!” US Congressman blasts crypto legislation for being stuffed with personal agendas, directly criticizing the slowdown of industry progress!

US Congressman Steel went all out at the Bitcoin 2025 conference, angrily confronting politicians for inserting personal agendas into key crypto legislation, stating that 'bringing in irrelevant political scandals is a waste of time.' He warned that such shameless actions would only slow down regulatory implementation and stifle industry innovation.

Two key bills—the 'National Stablecoin Innovation Act' (GENIUS) and the Crypto Market Structure Bill—were poised for passage, but nearly derailed due to Democrats' 'moral panic' over Trump's crypto investments. Steel angrily retorted, 'This has nothing to do with the bill! Don’t use conspiracy theories as policy discussions!'

He emphasized that legislation should create a clear framework for the market and protect consumers, but instead has become a battleground for politicians.

Even so, Steel rarely 'praised' the Democrats, saying they have finally begun to try to understand what blockchain is all about. Although the 'FIT21' bill failed in the last Congress, a new market structure bill has been proposed again, aiming to genuinely advance the industry rather than continue to wallow in political quagmire.

Summary of strong words:

The progress of US crypto legislation should not be held hostage by personal feuds. Less theatrics, more practical work is what the future of this industry deserves.