Agenda Profile: Andrei Korobeinik
Second Reading of the Draft Act on the Crypto Asset Market (Bill 398 SE)
2024-05-30
15th Riigikogu, 3rd session, plenary session
Political Position
The speaker adopts a strongly opposing position on the Draft Law on the Crypto Asset Market (398 SE), arguing that it creates excessive bureaucracy and threatens to stifle the sector in Estonia. The political position strongly advocates for economic freedom and opposes the expansion of the state apparatus, accusing the government (the Reform Party) of abandoning the principles of economic liberalization. He stresses that the state should allow businesses to operate freely to avoid budget deficits and accumulating debt.
6 Speeches Analyzed
Topic Expertise
The speaker demonstrates a strong understanding of crypto asset market regulation, citing specific data points (approximately 50 remaining companies) and processes (collateral requirements, complex registration). They are familiar with the context surrounding the adoption of the EU directive (MiCA) and criticize Estonia’s approach as being “creative” and restrictive of economic freedom. Additionally, they are knowledgeable about the technical issues related to data duplication and communication between regulatory bodies.
6 Speeches Analyzed
Rhetorical Style
The style is predominantly critical, pessimistic, and insistent, warning of the collapse of the economic sector and Estonian finance falling under foreign control. Both logical arguments (bureaucracy, duplicate data entries) and emotional appeals (such as "very sad" and the "monster" state apparatus) are employed. Sarcasm and irony also surface in procedural addresses concerning the failure of proposals, requesting the audience to support the motion while laughter fills the chamber.
6 Speeches Analyzed
Activity Patterns
The speaker was highly active during the second reading of the draft bill, presenting both substantive arguments and repeated procedural motions for a vote (a total of six interventions in a short timeframe). This pattern of activity indicates a focus on pushing specific amendments through and forcing a vote on them, even when support is low.
6 Speeches Analyzed
Opposition Stance
The main criticism is aimed at the actions of the Reform Party-led government and its ministries, accusing them of creating bureaucracy and stifling the economy. The criticism is policy- and procedure-based, particularly concerning the request for duplicate data and the restriction of economic freedom. The critic also references Margus Tsahkna regarding the government's discussions on banning duplicate data, pointing out a contradiction between the actual actions of the government and its ministries.
6 Speeches Analyzed
Collaboration Style
The speaker references previous Centre Party bills that sought additional budget funding, thereby highlighting the connection to their party's initiatives. He/She criticizes the government for failing to consider reasonable, burden-reducing proposals, suggesting a complete lack of compromise on the government's part. He/She asks the lawmakers to support his/her proposals during the vote.
6 Speeches Analyzed
Regional Focus
The focus is on the national and international level, addressing the regulation of the Estonian crypto market in the context of the transposition of the EU directive. There are no references to specific local regions; the emphasis is placed on the future of the Estonian economic sector and public finances.
6 Speeches Analyzed
Economic Views
The speaker is a strong proponent of economic freedom and a low regulatory burden, believing that businesses must be allowed to operate so that tax revenue flows into the budget and the state doesn't have to live on borrowed money. He opposes the growth of bureaucracy and the demand for redundant data, which stifles entrepreneurship and kills entire sectors. He warns that excessive regulation could lead to Estonian finances being placed under foreign management.
6 Speeches Analyzed
Social Issues
Not enough data
6 Speeches Analyzed
Legislative Focus
The primary focus is opposing the draft Cryptocurrency Market Act (398 SE) and bringing its mitigating amendments to a vote. He/She also raises the issue of the draft law banning data duplication, currently under government discussion, highlighting the contradictory nature of the legislation. He/She seeks to save the economic sector by supporting proposals that are cosmetic but sensible.
6 Speeches Analyzed