Changing political landscape brings huge crypto opportunity — US Rep. Steil
The claimed significant opportunity stems partly from two pending bills: one intended to regulate stablecoins and another to improve market structure.
The United States has a huge opportunity to embrace blockchain technology, Web3 and crypto through legislation under a changing political landscape, Representative Bryan Steil said during a Feb. 26 interview.
“My broader philosophical goal here is [as a policymaker]: How do we make sure that the United States is in a position to out-compete the rest of the world?” Steil said in an interview with Chainlink Labs.
“And while we do that, there are reasonable consumer protections and focusing on making sure that we are the leader in this environment,” he added. Steil is the current chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence.
