Does Ed Markey Support Crypto?

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

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Very Anti-Crypto

Voted against 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.
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Very Anti-Crypto

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Ed Markey
@SenMarkey
When one year of U.S. Bitcoin mining creates as many carbon emissions as 7.5 million gas-powered cars—we have a problem. Today's hearing made that even clearer. The crypto industry is growing, but so is the fight for climate justice. We will hold these companies accountable.
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Very Anti-Crypto

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Ed Markey
@SenMarkey
Cryptomining has a huge climate footprint, using as much energy a year as it takes to light every home in the country. That's why I'm convening today's hearing on the Crypto-Asset Environmental Transparency Act to hold these businesses accountable. Watch at @EPWCmte at 2:30pm ET.
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Very Anti-Crypto

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Ed Markey
@SenMarkey
Texas cryptominers are burning fossil fuels, making millions in subsidies, and leaving Texans to struggle with an unreliable grid on the brink of collapse. I joined @SenWarren to demand answers from ERCOT about these payments. We need transparency.
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Elizabeth Warren
@SenWarren
Consumers shouldn't have to subsidize cryptomining's profits and exorbitant energy use, which rivals that of entire nations. I'm working with @RepAlGreen to get answers about the risks cryptomining poses to the climate, grid, and energy bills. theverge.com/2022/10/12/234…
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