Does Adam Schiff Support Crypto?

Based on previous comments, Adam Schiff has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Adam Schiff has made about Bitcoin, Ethereum, and cryptocurrency innovation.

Voted against a bill on May 23rd, 2024
Bill Name
CBDC Anti-Surveillance State Act

Details
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.
Add your own analysis on this stance
Voted against a bill on May 8th, 2024
Bill Name
SAB 121 House Joint Resolution

Details
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.
Add your own analysis on this stance
Quoted from www.standwithcrypto.org on Feb 6th, 2024

Adam Schiff completed the Stand With Crypto Questionnaire and demonstrated support for crypto and digital assets. He emphasized the importance of crypto in driving technological innovation, economic growth, and job creation. Adam Schiff supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.

Add your own analysis on this stance
Quoted from www.adamschiff.com on Feb 1st, 2024

"We need to grow these important industries, and work hard to keep these companies, and the innovation and jobs they bring here in California. California is on the forefront of new developments in technology, from Web3 and quantum computing to cryptocurrency and blockchain technology, as well as biotechnology and climate technology. We need to develop comprehensive regulatory frameworks to ensure that these companies and jobs stay here and grow here, and that the United States remains the global leader in these important new technologies."

Add your own analysis on this stance