Does Barry Loudermilk Support Crypto?

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

Voted for a bill on Jul 17th, 2025
Bill Name
GENIUS Act

Details
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.

Vote Type
Final Passage Out Of House
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Voted for a bill on Jul 17th, 2025
Bill Name
CLARITY Act

Details
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.

Vote Type
Final Passage Out Of House
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Voted for a bill on Mar 11th, 2025
Bill Name
H.J. Res 25

Details
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".

Vote Type
Final Passage Out Of House
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Rep. Barry Loudermilk
@RepLoudermilk
Retail CBDC’s are a tool used by authoritarian regimes to track the financial activities of their citizens. They have no place in America’s financial system. I applaud this legislation that protects Americans’ financial privacy and safeguards our economic freedom.
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Financial Services GOP
@FinancialCmte
#PASSED: The House passes @GOPMajorityWhip's CBDC Anti-Surveillance State Act. 🚂 Next stop, the Senate. 👇 Read more 🔗 financialservices.house.gov/news/documents…
Profile picture of Stand With Crypto
Stand With Crypto
marked this stance as somewhat pro-crypto
Profile picture of DoTheySupportIt
DoTheySupportIt
marked this stance as very pro-crypto
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Rep. Barry Loudermilk
@RepLoudermilk
Digital assets are a $2.62 trillion asset class that need regulatory clarity. I applaud @PatrickMcHenry, @RepFrenchHill, and @CongressmanGT for bringing #FIT21 to the House Floor and passing with overwhelming bipartisan support.
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Financial Services GOP
@FinancialCmte
#PASSED: In a watershed moment for the U.S. digital asset ecosystem, the House passes the Financial Innovation and Technology for the 21st Century Act with overwhelming bipartisan support. 🚂 Next stop for #FIT21, the Senate. 👇 Read more 🔗 financialservices.house.gov/news/documents…
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Stand With Crypto
marked this stance as very pro-crypto
Profile picture of DoTheySupportIt
DoTheySupportIt
marked this stance as very pro-crypto
Voted for 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.

Vote Type
Final Passage Out Of House
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Cosponsored a bill on Sep 12th, 2023
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.
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Rep. Barry Loudermilk
@RepLoudermilk
SEC’s regulating of crypto has already created great uncertainty in the markets - yet Chm. Gensler wants to expand the agency’s power way beyond its constitutional boundaries to regulate it into oblivion. Yet another example of out of control bureaucrats that must be reined in.
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FOX Business
@FoxBusiness
OPINION: Gary Gensler's gross SEC overreach fxn.ws/3AcW5Hp
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