Rep. Steil Urges Restraint on Crypto Legislation, Calling for Focus on Framework Implementation

U.S. Representative Bryan Steil has urged lawmakers to focus on implementing regulatory frameworks within the crypto industry rather than adding extraneous items to existing bills. He believes that attaching unrelated issues to these bills is hindering the timely development of a comprehensive regulatory framework for cryptocurrency. Steil, who chairs the House Financial Services Subcommittee on Crypto, made this call during a conference in Las Vegas.