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Bryan Steil: “The one off lawsuits against, you know, creative and…”

Featuring: Bryan Steil, Republican | U.S. House, Wisconsin, District 1

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CSIS Podcast: Congressman Brian Stile Discusses Cryptocurrency Legislation and Stablecoin Act

Published | Video Starts at 19:48

And what we want are policymakers engaged in this space rather than simply unelected bureaucrats engaged through enforcement actions. And so The one off lawsuits against, you know, creative and innovation in this space was incredibly unproductive because it just forced that outside the United States. And so yeah, there's going to be a regulatory framework in place. But if we write clear rules of the road, that makes the job of the regulators that much easier. (19:48–19:59)

CLAIM

Asserts that lawsuits against innovation forced companies to operate outside the U.S.

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