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Bryan Steil: “Will companies move offshore to jurisdictions with…”

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

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Bryan Steil Will crypto uncertainty push companies offshore

Published | Video Starts at 01:15

That's an open question. Correct. Okay, so then, Mr. Garrison, your view. What would be the outcome to the digital asset ecosystem if Congress cannot get these gaps filled? Will companies move offshore to jurisdictions with regulatory certainty or because of possible enforcement actions? Yes, I think we see that today. And would you agree with that, Mr. Kim? Absolutely, Chairman. We're seeing a lot of American businesses moving offshore due to the lack of clarity in the United States. (01:15–01:23)

CLAIM

Suggests that companies may move offshore due to lack of regulatory certainty or enforcement actions.

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