See Who Supports Crypto

Very Pro-Crypto

Rep. Stephen F. Lynch

@RepStephenLynch

The Digital Assets Subcommittee recently held its first hearing. As lead Democrat, I express strong concerns about the volatility and abuse of crypto assets. Americans lost more than $5.6 billion to crypto scams in 2023. Regulations are needed to ensure robust consumer p economy.

2025-02-19T20:45:18.000Z

Pending Position

Senator Ted Cruz

@SenTedCruz

The crypto industry is backing my efforts to undo the Biden IRS rule that labels decentralized finance participants as 'brokers.' Crytpo is meant to be free from government control—the IRS doesn’t have the right to intrude on your personal privacy.

2025-02-19T19:01:06.000Z

Very Pro-Crypto

Rep. Bill Huizenga

@RepHuizenga

Digital assets have the potential to revolutionize payment systems in the United States, allowing financial systems to become more efficient and more accessible to consumers. Congress and @SECGov must work together to provide clear rules of the road for all digital asset market participants while offering consumer protections. Enforcement is not the answer.

2025-02-18T23:19:40.000Z

Very Pro-Crypto

Warren Davidson 🇺🇸

@WarrenDavidson

What will happen with markets? The last time the planet had this much debt was the end of World Word Two when the global monetary system was reset at Bretton Woods. All major central banks have spent years developing Central Bank Digital Currency and they all know their crC as a solution to a problem they have the ability to trigger. The biggest banks are generally the biggest globalists. The biggest banks are almost 100% aligned with the central banks. Collectively, they can trigger a crisis at will. Rationally, they should oppose such a crisis, but if there is one we already know they will blame President Trump. On the back end, gold markets are likely counters to defend the US dollar and our own markets. Proceed with caution. Have a plan.

2025-02-18T14:07:58.000Z

Pending Position

Senator Cynthia Lummis

@SenLummis

Bitcoin fixes this. A bitcoin reserve could be audited any time 24/7 with a basic computer. It’s time to upgrade our reserves.

2025-02-16T16:16:59.000Z

Very Pro-Crypto

Congressman William Timmons

@RepTimmons

We had a great week!

1.) On Wednesday, the DOGE Subcommittee had its inaugural hearing where we began our investigation of hundreds of billions of taxpayer dollars being wasted annually.

2.) Thursday was National Legislative Day for Civil Air Patrol. I met with Civil Air PLthe Year from the Upstate Young Marines in Greenville, SC.

3.) After the DOGE Hearing, I spoke with FOX News about our agenda to combat government waste.

4.) The American Innovation Project, a 501c3 focused on empowering America’s policymakers to encourage America’s innovation leadership, hosted a crypto dinner on Wednesday evening.

2025-02-14T22:45:11.000Z

Very Pro-Crypto

Rep. Stephen F. Lynch

@RepStephenLynch

As ranking member of the Digital Assets Subcommittee, I spoke to Chairman of the Federal Reserve, Jerome Powell regarding my concerns of the risks posed by crypto and the crypto industry on our economic stability, with scams and illicit finance costing Americans billions. The Txish a Digital Assets Working Group which will be comprised of regulators handpicked by the crypto industry is concerning—and could be abused to further President Trump’s own financial interests. I will continue to work with my colleagues to prioritize consumer protections, support a new regulatory framework, and expand economic access and financial inclusion for all Americans.

2025-02-14T21:29:38.000Z

Pending Position

Dr. Bob Onder

@BobOnderMO

The Left, let by Elizabeth Warren, is at war with digital assets. The US can and must be the leader in this revolutionary technology!

2025-02-14T16:12:06.000Z

Very Pro-Crypto

Bryan Steil reposted the post below

Financial Services GOP

@FinancialCmte

#ICYMI: The Digital Assets Subcommittee, chaired by @RepBryanSteil, held its first hearing examining several bills and discussion drafts to cement U.S. leadership in the digital asset space. financialservices.house.gov/news/documents…

2025-02-13T20:31:05.000Z

Very Pro-Crypto

Senator Mike Rounds

@SenatorRounds

Out-of-control regulators under the Biden administration contributed to debanking for political purposes, including financial institutions who are associated with cryptocurrencies. We must expose these regulators who are forcing banks to debank these legal businesses.

2025-02-13T21:25:53.000Z

Pending Position

Tom Emmer

@GOPMajorityWhip

.@POTUS sees the opportunities crypto brings to Americans. Not even a month into office, he's created a government-wide commitment to crafting the regulatory guardrails the crypto industry has begged for since Joe Biden was elected.

2025-02-13T19:48:34.000Z

Very Pro-Crypto

Bryan Steil reposted the post below

CoinDesk

@CoinDesk

. @RepFrenchHill and Rep @BryanSteil, who lead policymaking on digital assets in the U.S. House, lay out legislative priorities in the current session, including stablecoins and providing clarity for the sale and distribution of tokens. Opinion. trib.al/92o2yND

2025-02-13T19:37:45.000Z

Very Pro-Crypto

Congressman Byron Donalds

@RepDonaldsPress

CBDC would give the federal government absolute control over your money and is a dangerous threat to freedom. Yesterday at @FinancialCmte, I asked @federalreserve Chair Powell if The Fed or any of its member banks are conducting studies into CBDC. See Powell's response below

https://t.co/CRzI1Z8WvR

2025-02-13T18:22:46.000Z

Very Pro-Crypto

Ted Cruz reposted the post below

Kristin Smith

@KMSmithDC

1/ @SenTedCruz’s CRA resolution to roll back the DeFi Broker Rule – anti-crypto, anti-privacy IRS midnight rulemaking – is critical to providing clarity for crypto and DeFi in the US. Congress should vote YES on the CRA. This has been a long battle… How did we get here?

2025-02-12T18:17:18.000Z

Very Pro-Crypto

Rep. Mike Flood

@USRepMikeFlood

Congratulations, @BrianQuintenz! He was the first featured speaker at Flyover Fintech 2023. I’m looking forward to working with him on regulatory clarity for digital assets and providing spot market authority over crypto to the @CFTC. He will make an excellent CFTC Chair.

2025-02-12T18:14:07.000Z

Very Pro-Crypto

Congressman Byron Donalds

@RepDonaldsPress

Despite protest, stable coins, crypto, and blockchain technology are not going away. Congress must work to ensure that there is a framework for the proliferation of what Americans want to invest-in moving forward.

2025-02-12T14:39:59.000Z

Very Pro-Crypto

Rep. Sylvia Garcia

@RepSylviaGarcia

The cryptocurrency industry talks a big game about inclusion, especially for the unbanked—but so far, it’s just talk. As a member of the @USHouseFSC Digital Assets Subcommittee, I’m working to ensure sure real financial inclusion, so no one gets left behind.

2025-02-11T23:18:15.000Z

Pending Position

Congressman Byron Donalds

@RepDonaldsPress

Digital assets and blockchain technology hold vast potential to revolutionize the American economy. This afternoon, I joined my colleagues on the @FinancialCmte Digital Assets, Financial Technology, and AI Subcommittee to examine existing-use cases with key industry actors.

2025-02-11T22:38:53.000Z

Very Pro-Crypto

Bryan Steil

@RepBryanSteil

The new profile pic and the Digital Assets Subcommittee will return soon. Follow me and @FinancialCmte for updates.

2025-02-11T22:06:32.000Z

Very Pro-Crypto

Tom Emmer

@GOPMajorityWhip

I am honored to serve as the Vice Chair of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. A new day for crypto innovation, opportunity, and excellence has finally arrived.

2025-02-11T21:33:41.000Z

Very Pro-Crypto

youtube.com/live/XLKGOdpJ1…

William Timmons IV reposted the post below

Financial Services GOP

@FinancialCmte

HAPPENING NOW: Digital Assets Subcommittee Chairman @RepBryanSteil convenes the House Financial Services Committee's Subcommittee Hearing Entitled, “A Golden Age of Digital Assets: Charting a Path Forward".

Tune in

2025-02-11T19:33:30.000Z

Very Pro-Crypto

Bryan Steil reposted the post below

Financial Services GOP

@FinancialCmte

WATCH: @RepBryanSteil delivers opening remarks at the Committee's Hearing on “A Golden Age of Digital Assets: Charting a Path Forward”: "Together, We Can Ensure That Stablecoin Issuers, Digital Asset Firms, and Blockchain Developers Can Operate Under Fair, Transparent, and Predictable Rules in the US.”

2025-02-11T19:40:36.000Z

Very Pro-Crypto

youtube.com/live/XLKGOdpJ1…

Bryan Steil reposted the post below

Financial Services GOP

@FinancialCmte

Tune in

2025-02-11T19:33:30.000Z

Very Pro-Crypto

Bryan Steil

@RepBryanSteil

I’m leading my first Digital Assets, Financial Technology, and AI subcommittee hearing titled, "A Golden Age of Digital Assets: Charting a Path Forward." Click here to tune in: youtube.com/live/XLKGOdpJ1…

2025-02-11T19:26:47.000Z

Very Pro-Crypto

Senator Cynthia Lummis

@SenLummis

The Subcommittee on Digital Assets will expose the nameless, faceless, unelected bureaucrats who control banking in our country at the Fed.

2025-02-11T18:26:00.000Z

Very Pro-Crypto

Stephen Lynch reposted the post below

U.S. House Committee on Financial Services

@USHouseFSC

#TODAY @ 2:30 PM - Subcmte RM @RepStephenLynch leads Democrats as the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence holds a hearing entitled, “A Golden Age of Digital Assets: Charting a Path Forward.”

: tinyurl.com/2c9pjxrm

: tinyurl.com/5exswe8w

2025-02-11T18:15:09.000Z

Pending Position

Warren Davidson 🇺🇸

@WarrenDavidson

Why would anyone prefer a stablecoin to traditional bank deposits? 1) Banks have fractional reserves. Although the risk of a bank default is normally small, cases like Silicon Valley Bank exist. Stablecoins are fully reserved with audited balances of 1:1 or higher. 2) Sins enables permission-less (no intermediary) payments essentially at the speed of light. Thus, banks, bank regulators, and traditional payment processors have lobbied aggressively to either block, stall, or undermine legal clarity for stablecoins. Congress should do the right thing: pass legal clarity for a time-tested, state-regulated regime, and protect self-custody.

2025-02-11T16:58:36.000Z

Very Pro-Crypto

Warren Davidson 🇺🇸

@WarrenDavidson

RE: Stablecoin Legislation Commodity Backed Stable Coins (CBSC) must exist and be protected by laws recognizing them as payment stable coins. They are backed 1:1 with physical custody of the commodity, so they are priced based on the real-time market price for the commodity. d (PAXG) is an asset-backed token where one token represents one fine troy ounce of gold, stored in secure vaults and audited by NY DFS. Anyone who owns PAXG has ownership rights to that gold. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. Traditional stablecoins are great but somewhat less compelling - essentially tokens valued at $1 and backed by $1 worth of US treasuries. An example is GUSD. Every single GUSD in circulation is fully backed by cash or cash equivalents held across bank accounts, money market funds, and US treasury bills. Gemini customers can always redeem 1 GUSD for $1 on Gemini at any time. Tokenized payments on blockchain have advantages. Nevertheless, if these assets remain account-based, their utility is more limited than when held in self-custody. Stablecoin legislation must protect self-custody. Companies want to engage in real-time settlement, including cross-border payments. Self-custody is the only way to make that happen. Everything else simply swaps one intermediary for another. Protect self-custody. PS: I remain strongly opposed to CBDC - Central Bank Digital Currency.

2025-02-11T16:32:52.000Z

Very Pro-Crypto

Senator John Boozman

@JohnBoozman

Tune in for a recap of some of last week’s events including meetings with Arkansans, @senateaggop’s first policy hearing, a press conference on digital assets with @BankingGOP, @HouseAgGOP & @FinancialCmte and addressing members of @NFB_voice who traveled to D.C. to share their experiences & what legislation they support.

#ARinDC

2025-02-11T14:45:09.000Z

Pending Position

View All Recent Stances On Crypto

Recent Bills On Crypto

SAB 121 House Joint Resolution

Date Introduced: 2024-02-01

Status: Introduced and Sponsored

For congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121". This staff accounting bulletin expresses the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.

Very Pro-Crypto

Uniform Treatment of Custodial Assets Act

Date Introduced: 2023-09-27

Status: Introduced and Sponsored

To prohibit certain Federal agencies from requiring certain institutions to include assets held in custody as a liability, and for other purposes.

Very Pro-Crypto

CBDC Anti-Surveillance State Act

Date Introduced: 2023-09-12

Status: Introduced and Sponsored

To amend the Federal Reserve Act to prohibit the Federal Reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.

Somewhat Pro-Crypto

Digital Asset Anti-Money Laundering Act of 2023

Date Introduced: 2023-07-27

Status: Introduced and Sponsored

A bill to require the Financial Crimes Enforcement Network to issue guidance on digital assets, and for other purposes.

Very Anti-Crypto

Keep Your Coins Act of 2023

Date Introduced: 2023-07-25

Status: Introduced and Sponsored

To prohibit Federal agencies from restricting the use of convertible virtual currency by a person to purchase goods or services for the person's own use, and for other purposes.

FIT21

Date Introduced: 2023-07-20

Status: Introduced and Sponsored

Financial Innovation and Technology for the 21st Century Act

Very Pro-Crypto

Clarity for Payment Stablecoins Act of 2023

Date Introduced: 2023-07-20

Status: Introduced and Sponsored

To provide for the regulation of payment stablecoins, and for other purposes.

Financial Technology Protection Act of 2023

Date Introduced: 2023-04-27

Status: Introduced and Sponsored

To establish an Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing, and for other purposes.

Blockchain Regulatory Certainty Act

Date Introduced: 2023-03-23

Status: Introduced and Sponsored

To provide a safe harbor from licensing and registration for certain non-controlling blockchain developers and providers of blockchain services.

Digital Commodity Exchange Act of 2022

Date Introduced: 2022-04-28

Status: Introduced and Sponsored

This bill allows for the regulation and registration of digital commodity exchanges subject to oversight by the Commodity Futures Trading Commission. The bill establishes the conditions for the sale of digital commodities, the registration of exchanges, and sets forth other requirements.

Very Pro-Crypto