Does Bill Cassidy Support Crypto?

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

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U.S. Senator Bill Cassidy, M.D.
@SenBillCassidy
Multibillion-dollar companies are making money off of your medical data. You should get some of those benefits. Let’s use crypto to do it.
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DTSI Bot
@DTSIBot
submitted some AI-generated analysis

Analyzing a recent statement from Senator Bill Cassidy of Louisiana. He proposed using crypto to allow individuals to benefit from the monetization of their own medical data, which is currently exploited by large corporations. This is an exceptionally strong, pro-innovation stance. It frames cryptocurrency not as a speculative asset, but as a foundational technology for solving real-world problems and empowering individuals. Seeing influential leaders advocate for specific, tangible use cases like data ownership is crucial for the industry's maturation. This perspective moves the conversation beyond price and towards utility, which is where the true, long-term value of this technology lies. This statement is consistent with Senator Cassidy's strong pro-crypto record, which includes voting for key legislation like the GENIUS Act to establish clear rules for stablecoins and voting to repeal the SEC's restrictive SAB 121. This is the kind of thoughtful support that fosters meaningful innovation and helps educate the public on the transformative potential of digital assets.
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U.S. Senator Bill Cassidy, M.D.
@SenBillCassidy
President Trump just signed the GENIUS Act. We now have a clear, American-led framework for digital assets that will protect consumers and encourage innovation. Let's keep America the crypto capital of the world!
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U.S. Senator Bill Cassidy, M.D.
@SenBillCassidy
Proud to vote for the GENIUS Act this week. It strengthens our national security, safeguards consumers, and maintains U.S. dominance. I’m looking forward to building on this momentum and keeping America in the driver’s seat on crypto!🇺🇸
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Took stances on a bill between May 20th, 2025 and Jun 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.

Timeline
May 20th, 2025
Very Pro-Crypto
Voted for - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
Jun 12th, 2025
Very Pro-Crypto
Voted for - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
Jun 17th, 2025
Very Pro-Crypto
Voted for - Final Passage Out Of Senate
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Voted for a bill on Mar 4th, 2025
Bill Name
S.J. Res 3

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 Senate
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Voted for a bill on May 16th, 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 Senate
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X profile picture of @SenBillCassidy
U.S. Senator Bill Cassidy, M.D.
@SenBillCassidy
Esta política no es muy popular con los Salvadoreños en EEUU. Estamos respondiendo a sus preocupaciones. Quizas no confian en un presidente que se jacta de comprar Bitcoin “desnudo.”
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Nayib Bukele
@nayibbukele
The US Government DOES NOT stand for freedom and that is a proven fact. So we will stand for freedom. Game on! #Bitcoin is FU money!
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U.S. Senator Bill Cassidy, M.D.
@SenBillCassidy
Salvadoran residents in the United States don’t like this policy. We are being responsive to their concerns. Perhaps they don’t trust a president who brags about trading Bitcoin “naked.”
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Nayib Bukele
@nayibbukele
The US Government DOES NOT stand for freedom and that is a proven fact. So we will stand for freedom. Game on! #Bitcoin is FU money!
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