Is the C C and Gensler's Approach to Crypto Adhawk?

One charitable interpretation of the cs sort of adhawk enforcement approach is that it has to do with the pace of innovation in crypto just being different. I've also heard people talk about, well, if they codified everything, made it really, really clear what the rules actually were, then inevitably there would be crypto players who start poking around for loopholes and trying to exploit those,. That's where we are now. And that's where you end up when you don't provide the clarity that both consumers and developers deserve. So i have introduced legislation, in a draft of a bill, that deals with the category of stable coins that i think could plausibly be widely used as a method of payment