Based on previous comments, Dan Bishop has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Dan Bishop has made about crypto.
Took stances on a bill between 2024-02-28T00:00:00.000Z and 2024-05-23T00:00:00.000Z
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.
This bill establishes a comprehensive regulatory framework for digital assets, assigning primary jurisdiction over "digital commodities" to the CFTC and "restricted digital assets" to the SEC. It defines key terms like "digital asset," "digital commodity," and "permitted payment stablecoin," and creates a mechanism for digital assets to transition from securities to commodities upon achieving sufficient decentralization. The legislation also outlines registration requirements for various digital asset intermediaries and mandates studies on decentralized finance and non-fungible digital assets.
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.
Cease Orwellian Surveillance and Targeting Act of 2023
Details
This bill proposes amendments to the Federal Reserve Act to explicitly prohibit the Federal Reserve Board and Federal Reserve banks from minting or issuing a Central Bank Digital Currency (CBDC). It also prevents Federal Reserve banks from directly offering products or services to individuals or entities, outside of traditional financial institutions. Furthermore, the bill prohibits any person from holding or owning CBDCs, whether issued by the United States or a foreign country.
Expressing the sense of the House of Representatives that the Board of Governors of the Federal Reserve System and the Federal Open Market Committee should not be permitted to develop, create, or implement a central bank digital currency, or use any such tool to implement monetary policy.
Details
This resolution expresses the sense of the House of Representatives that the Federal Reserve System and the Federal Open Market Committee should not be permitted to develop, create, or implement a central bank digital currency (CBDC). It contends that CBDCs, exemplified by China's digital yuan, are tools for state control, surveillance, and financial censorship, which could compromise free speech, undermine financial independence, and stifle innovation within the financial sector.