Does Elizabeth Warren Support Crypto?

Based on previous comments, Elizabeth Warren has indicated they are very anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Elizabeth Warren 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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Elizabeth Warren
@SenWarren
Sam Bankman-Fried stole customer money and threw it at lawmakers to try to advance his crimes. It’s time white collar criminals are held to account, but lawmakers are still pushing his schemes. We need tough rules to crack down on crypto crime.
· via Twitter
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Very Anti-Crypto

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Elizabeth Warren
@SenWarren
The @SECgov is wrong on the law and wrong on the policy with respect to the Bitcoin ETF decision. If the SEC is going to let crypto burrow even deeper into our financial system, then it's more urgent than ever that crypto follow basic anti-money laundering rules.
· via Twitter
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Very Anti-Crypto

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Elizabeth Warren
@SenWarren
Law enforcement and national security officials need additional authorities and resources to pursue money laundering, sanctions evasion, & criminal activity facilitated through crypto. I’ll keep working to pass bipartisan legislation to address this serious and dangerous problem.
· via Twitter
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Very Anti-Crypto

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Elizabeth Warren
@SenWarren
The CEO of the world’s largest crypto exchange pleaded guilty to breaking anti-money laundering laws. This is part of a larger trend of criminal activity in the crypto industry and sadly predictable. I urged @TheJusticeDept to investigate Binance for lying to Congress.
· via Twitter
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Very Anti-Crypto

Sponsored a bill on Jul 27th, 2023
Bill Name
Digital Asset Anti-Money Laundering Act of 2023
Details
A bill to require the Financial Crimes Enforcement Network to issue guidance on digital assets, and for other purposes.
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Very Anti-Crypto

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Elizabeth Warren
@SenWarren
As the bank of choice for crypto, Silvergate Bank's failure is disappointing, but predictable. I warned of Silvergate's risky, if not illegal, activity—and identified severe due diligence failures. Now, customers must be made whole & regulators should step up against crypto risk.
· via Twitter
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Very Anti-Crypto

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Elizabeth Warren
@SenWarren
I've long urged @TheJusticeDept to hold corporate executives personally accountable when their companies break the law. Crypto executives who break the law are just like any other crooks. If Sam Bankman-Fried committed fraud, then federal prosecutors should send him to prison.
· via Twitter
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Very Anti-Crypto

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Elizabeth Warren
@SenWarren
The implosion of FTX must be a wake up call for Congress and financial regulators to hold this industry and its executives accountable. Too much of the crypto industry is smoke and mirrors. It's time for stronger rules and stronger enforcement to protect ordinary people.
· via Twitter
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Very Anti-Crypto

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Elizabeth Warren
@SenWarren
I've been ringing the alarm bell on crypto, from consumer protection to the environment to national security—especially since Russian elites can use digital assets to undermine sanctions. @POTUS is right to spotlight crypto’s risks and we need strong rules before it’s too late.
· via Twitter
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