Does David Scott Support Crypto?

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

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Somewhat Anti-Crypto

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Rep. David Scott
@repdavidscott
The STABLE Act fails to establish clear refund/insurance rules, exposing consumers to losses w/o real avenues of redress. It also fails to provide recourse for mismanagement & fraud. If stablecoin issuers become insolvent or misuse reserves, what protections do you get? Not many.
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Very Anti-Crypto

Voted against 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".
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Somewhat Anti-Crypto

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.
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Very Anti-Crypto

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.
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Very Anti-Crypto

Quoted from docs.house.gov on Jul 26th, 2023

Representative David Scott voted against advancing H.R. 4763, the Financial Innovation and Technology for the 21st Century Act, out of the House Financial Services Committee. The recorded vote showed 35 ayes to 15 nays.

H.R. 4763, the Financial Innovation and Technology for the 21st Century Act is a comprehensive market structure bill that would protect consumers, ensure crypto companies have robust rules, and create clarity for job creators and blockchain builders.

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