Does Linda Sánchez Support Crypto?

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

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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 Pro-Crypto

Quoted from www.taxnotes.com on Feb 14th, 2024

Representative Sánchez signed on to a bipartisan letter to the IRS - expressing concern that the proposed IRS tax reporting rules for digital assets are overly broad, potentially harming taxpayer privacy and the U.S. crypto industry. The rules would require reporting of many minor transactions, creating a large burden on businesses and the IRS. The members of Congress who signed on requested more time for compliance and a more targeted approach to avoid stifling the digital asset sector.

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