Agenda Profile: Aivar Kokk
First Reading of the Crypto-Asset Market Act Bill (398 SE)
2024-04-09
15th Riigikogu, 3rd sitting, plenary session
Political Position
The speaker fundamentally supports the regulation of the crypto-asset market but expresses strong opposition to rules that are stricter than the European Union directives. They emphasize a business-friendly approach, criticizing the excessive tightening of regulations, which could impede investments into Estonia. They support the principle that money must only be generated through business activity.
3 Speeches Analyzed
Topic Expertise
Shows a good understanding of business law, comparing the capital requirements established for private limited companies and joint-stock companies. Honestly admits their limited knowledge in the field of cryptocurrency, but demonstrates a deep understanding of energy and electricity production in Estonia. Uses specific figures, such as the 10% share of crypto mining in energy consumption.
3 Speeches Analyzed
Rhetorical Style
He employs a direct and genuinely acknowledging style, admitting the limits of his knowledge concerning cryptocurrency. He combines personal experience gained from his work on the finance committee with fact-based arguments. He uses irony and figurative expressions ("with one hand we give momentum, and with the other, we do everything to ensure there are few of them").
3 Speeches Analyzed
Activity Patterns
He refers to his previous work as Chairman of the Finance Committee and his participation in the committee's debates a few years ago. He notes that he would not ordinarily have come forward to speak, but the previous speaker's excellent address motivated him to take the floor.
3 Speeches Analyzed
Opposition Stance
Criticizes officials who tighten laws simply because they lack a proper understanding of the sector. Expresses opposition to the Ministry of Finance's "lobbying efforts" and the creation of further barriers that restrict business activity. Criticizes decisions that result in an economic recession.
3 Speeches Analyzed
Collaboration Style
Shows respect for colleagues by commending the previous speaker on their excellent address. They wish strength and resolve both for themselves and for the Finance Committee as they tackle this difficult subject. They express a constructive approach, even though they remain critical of certain decisions.
3 Speeches Analyzed
Regional Focus
It focuses on Estonia's economic interests and energy policy. It stresses the necessity of creating conditions that incentivize entrepreneurs to invest in Estonia. It specifically addresses Estonian electricity generation and the impact of grid fee regulation on cryptocurrency mining.
3 Speeches Analyzed
Economic Views
Strongly supports business-friendly policies and the promotion of investments. Expresses concern over the two-year economic decline and emphasizes that wealth is generated solely through entrepreneurship. Supports state budget austerity, understanding the necessity of shifting the financing of the Financial Supervision Authority onto businesses.
3 Speeches Analyzed
Social Issues
There is not enough data.
3 Speeches Analyzed
Legislative Focus
Focuses on the draft bill for the crypto-asset market, emphasizing the necessity of balanced regulation. It supports the transposition of European Union directives but opposes their tightening. Shows interest in matters of commercial law and financial supervision, particularly concerning the regulation of capital requirements.
3 Speeches Analyzed