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Recent Stances On Crypto
Michael Cloud reposted the post below
Rep. Keith Self
@RepKeithSelf
BREAKING: I have submitted an amendment to add a Central Bank Digital Currency (CBDC) ban to the National Defense Authorization Act (NDAA).
Promises were broken to include this language in the NDAA. My amendment would fix the bill.
The House Rules Committee meets later TODAY floor vote. I hope they do the right thing.
Great to join the @BlockchainAssn Policy Summit today. Crypto and digital assets are already reshaping how we think about payments, jobs, and financial inclusion.
For Nevada, this means diversifying our economy, growing high-skilled jobs, and expanding opportunities for families who’ve been left out of traditional banking.
I’m committed to clear, thoughtful policy that fosters innovation and protects consumers. Grateful to be part of this important conversation.
Blockchain will transform technology in the same way the internet did in next decade and beyond. It was great to join @RepBryanSteil for @BlockchainAssn’s policy summit.
America is home to innovators and leaders who refuse to let our nation fall behind- especially when it comes to securing American leadership in crypto. While Elizabeth Warren and the Democrats were content to let other countries take the lead, I was proud to author the GENIUS he United States as the Crypto Capital of the World.
Deeds not words. CBDC inserts the government between you and your money then sets conditions on your access to it to corrupt money into a tool for surveillance, coercion, and control.
The President's EO banning CBDC is great, but we need and were promised a law.
Back in July, I voted NO on the GENIUS Act because it contained a back door to a central bank digital currency (CBDC).
Back then Johnson promised conservatives that he would put Tom Emmer’s bill, that closed the loophole to CBDC, in the NDAA to get our vote on Trump’s bill, the he didn’t keep his promise, it’s not in the NDAA so the CBDC loophole remains.
I support crypto but I will never support giving the government the ability to turn off your ability to have full control of your money and to buy and sell.
The NDAA text has no CBDC ban?
Flashback to the longest bill-related vote in the history of the US House just a few months ago. The primary hold up was that the legislation left the door open for a Central Bank Digital Currency.
The legislation only moved forward with the agreement from @SpeakerJohnson and @SteveScalise that:
Stand alone anti-CBDC legislation would get a vote on the floor (passed the House, stalled in Senate)
The anti-CBDC legislation would be attached to the NDAA - AND - every must-pass legislation that left the House until it was signed into law.
I had a productive conversation with the @pudgypenguins to discuss ways to make America the crypto capital of the world.
10k likes and I will change my pfp just like my colleague @RepTimmons
I am thankful that in early 2025, @POTUS made it clear that he wanted America positioned as THE leader in digital asset markets.
Crypto is not a fad. It is part of our future. It is part of Alabama’s future.
From the Excutive Order signed on January 23, 2025
“The American story is one of innovation. From the railroads that linked sea to shining sea, to the internet that connected the entire world, American entrepreneurs have led the buildout of next generation technologies in every generation since our founding. Crypto should be no different.” - @realDonaldTrump#Crypto#alpolitics#USSenate#Trump
Wyoming is leading the way in securing America’s leadership in financial innovation.
Digital assets give us the freedom to make instant, 24/7 transactions. @N3XTinc is building the future of finance, and it all starts in the Cowboy State.
businesswire.com/news/home/2025…
We are the Crypto Capital of the world!
The new mini-documentary "Crypto Capital" premiered Tuesday night at the Crypto Christmas party at @PubKey in DC. Check it out!
Thank you to our special guests, Senators @votetimscott, @BillHagertyTN, and @CynthiaMLummis!
Chairman @RepFrenchHill on @RepMeuser & the Committee's digital asset debanking report:
"This report identifies all the ways former @SECGov Chair Gensler, former bank supervisors like Michael Barr and others, to systematically debank legal businesses in the US engaged in the digital asset innovative space. This was terrible for American competitiveness and it led me during the course of the Biden Admin to offer my market structure bill which gives clear rules of the road for digital assets so people know how to innovate and count on the federal government to not debank them, but encourage the use of blockchain technology inside financial services."
Memphis households already spend more of their income on power bills than almost anywhere in the country.
My Clean Cloud Act would keep data centers and crypto miners from pushing those bills even higher.
More here in the Memphis Flyer: memphisflyer.com/clean-cloud-ac…
Texas is not just buying Bitcoin, it is becoming America’s crypto capital.
From mining to innovation, no state is doing more to advance and normalize digital assets.
The Lone Star State is putting America on top of the global crypto stage!
dallasnews.com/business/2025/…
Last November, the American people gave Republicans a clear mandate to clean up the mess Joe Biden and the Democrats created — and we’ve delivered:
• Permanent Trump tax cuts
• A sealed border
• Medicaid reforms saving $185B
• Stronger SNAP work rules
• No tax on tips or irst EOs codified
• 23 Biden-era regulations repealed
• Regular order appropriations restored
• Major bills on fentanyl, crime, crypto, energy & more
And we’re not slowing down!
Chokepoint 2.0 stalled Web3 innovation, drove jobs overseas, and politicized access to our banking system. I'm working to provide clear rules for digital assets and ensure law-abiding Americans have access to our banking system. htttps://t.co/M6G0oX8leT
This report confirms the worst: Joe Biden worked to debank the digital assets of conservatives, Christians, and firearm businesses because of their politics. Just as they did when the last administration weaponized banks against its political opponents, this pattern of abuse must end.
I look forward to working with Chairman @RepFrenchHill, Subcommittee Chairman @RepMeuser, and my @FinancialCmte colleagues to ensure this never happens again.
Debanking of digital asset firms under the Biden Administration was real and unacceptable. I’m leading the charge with @SenatorTimScott to make sure no one is debanked b/c of their politics—including Christian organizations, crypto, energy, and firearms businesses.
Also known as "Dread Pirate Roberts", Ulbricht founded the illegal online black market website Silk Road. This is another giveaway to the crypto crowd.
Operation Chokepoint 2.0 regrettably lives on.
Policies like JP Morgan’s undermine confidence in traditional banks and send the digital asset industry overseas.
It’s past time we put Operation Chokepoint 2.0 to rest to make America the digital asset capital of the world.
Crypto innovation shouldn’t be crushed by unclear rules.
That’s why I backed the CLARITY Act and its fix to protect everyday developers and blockchain users.
Encouraged to see Chairman Scott preparing a vote in the Senate.
THE U.S. IS BUILDING A ‘FORT KNOX’ FOR BITCOIN
For years, federal agencies were seizing digital assets… and then literally losing track of the private keys. Imagine confiscating a pile of cash and then misplacing the vault combo.
That’s the problem Trump’s executive order tried to fix -- by creating a strategic #Bitcoin reserve under the U.S. Treasury. One place. One custodian. One set of controls.
Now Congressman Warren Davidson is introducing a bill to codify that move into law.
Here’s the big twist:
· All seized Bitcoin gets stored in a single, organized reserve
· Bitcoin is treated differently from other crypto -- it’s the asset they want to keep
· Other tokens? They can be sold off to buy more $BTC
· And soon, you could pay your taxes in Bitcoin directly into this reserve, without triggering capital gains
Davidson points out he came into office when Bitcoin was around $500–$600. Today, it’s tens of thousands.
That appreciation is exactly why they see BTC as a long-term strategic asset.
The question now: does a U.S. Bitcoin reserve become part of America’s financial backbone… or is this just the opening chapter?
MASSIVE BREAKING: A NEW STRATEGIC #BITCOIN RESERVE BILL WAS JUST INTRODUCED IN CONGRESS
BILL WILL ALLOW TAXES TO BE PAID IN BTC EXEMPT FROM CAPITAL GAINS
THIS IS ABSOLUTELY GAME CHANGING
The "Digital Asset Market Clarity Act of 2025," or "CLARITY Act of 2025," establishes a regulatory framework for digital commodities, granting the CFTC exclusive jurisdiction over spot market transactions and related entities like exchanges, brokers, and dealers. It aims to differentiate digital commodities from securities, introduce a "mature blockchain system" concept for regulatory exemptions, and protect individual self-custody rights.
The "Blockchain Regulatory Certainty Act" (H.R. 3533) provides a safe harbor for non-controlling blockchain developers and service providers, exempting them from being classified as money transmitters or financial institutions, and thus from associated licensing and registration requirements, unless they have control over users' digital assets. This aims to prevent such entities from incurring liability for unlicensed or unregistered conduct.
The GENIUS Act of 2025 proposes a regulatory framework for payment stablecoins. It defines permitted issuers (insured depository institutions, their subsidiaries, and approved nonbank entities) and mandates 1:1 reserve backing with specific high-quality assets. The bill outlines federal and state regulatory oversight options, sets requirements for customer asset segregation, and grants stablecoin holders priority in insolvency proceedings. It also clarifies that regulated payment stablecoins are not considered securities or commodities under various acts. The bill designates issuers as financial institutions under the Bank Secrecy Act, requiring compliance with AML, KYC, and sanctions regulations to prevent illicit finance and safeguard national security. It also reinforces U.S. leadership in digital finance by supporting innovation and ensuring the dollar remains competitive in a rapidly evolving global financial landscape.
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
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.
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.