The controversial Us Infrastructure Beak was signed into law by President Joe Biden on Mon, with the legislation passing without amendments fabricated to the broad provisions that could impose stringent reporting requirements on crypto network validators and software developers.

However, decentralized finance strategist turned Democratic congressional candidate Matt West believes there is even so fourth dimension to push button back.

Speaking to Cointelegraph, West said, "My understanding of this neb is that information technology has been signed, but information technology hasn't taken upshot yet."

The crypto community has taken particular issue with department 6050II of the bipartisan legislation, which makes failing to report digital assets transactions a criminal offense.

West, who otherwise supports the bill, said that department 6050I doesn't brand "a whole lot of sense," citing new rules that require NFT sellers to know the tax ID and social security number of potential buyers.

"All these very invasive details," he said, calculation that they are "actually indicative of how people in the space are led in Congress are legislating on issues they don't fully understand."

Due west chosen on his boyfriend congresspeople from both major political parties to "educate themselves on the nuanced problems here that they might not exist seeing" and consider regulation carefully.

"In that location's a bunch of people right at present in Congress who are trying to pass laws on things they don't necessarily understand. And because of that, you see regulations that don't really make sense."

"Cryptocurrency should non exist a partisan issue. It'south as well large for that," he added.

Related: eight-word crypto amendment in infrastructure pecker an 'barb to the rule of constabulary'

Due west announced final month on Oct. 12 that he would exist running against Loretta Smith and Derry Jackson in the Democratic master scheduled for May 17, 2022, for Oregon'south sixth Congressional District.

If elected, West said he would "fight for an amendment to another neb to undo the piece of work that'southward been consigned right now."

In 2022, West entered the ETH Online Hackathon, and his team won the Yearn.finance award for its HEGIC token. He'due south been a strategist at Yearn.finance ever since, working part-time during his off-hours while working total-fourth dimension as an engineer at Intel. He has recently taken a break from Yearn to launch his campaign