DoTheySupportIt grades politicians on crypto from how they vote and what they say. How it works

US Senator from Idaho

Does Mike Crapo Support Crypto?

Republican

7 votes · 1 sponsorship · 7 statements

Latest · Vote on CLARITY ActVery Pro-Crypto

Crypto grade

Very Pro-Crypto

Based on 15 stances

Based on previous comments, Mike Crapo has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Mike Crapo has made about crypto.

Document a missing stance

Full record

Took stances on a bill between and

Bill: CLARITY Act
Details: The "Digital Asset Market Clarity Act of 2025," or "CLARITY Act of 2025," establishes a regulatory framework for digital commodities, granting the CFTC exclusive jurisdiction over spot market transactions and related entities like exchanges, brokers, and dealers. It aims to differentiate digital commodities from securities, introduce a "mature blockchain system" concept for regulatory exemptions, and protect individual self-custody rights.

Timeline

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, CLARITY could not have gotten to a final vote without members voting in favor.

Very Pro-Crypto

Voted for - Vote advancing bill out of Senate Banking Committee (Final Passage Out Of Senate)

Add commentary

Senator Mike Crapo

@MikeCrapo

Cryptocurrency scams and fraud accounted for roughly half of all cybercrime losses in the United States last year, threatening the financial security of many hardworking families. Safeguarding consumers requires a coordinated approach. By streamlining enforcement to shut down bad actors, the SAFE Crypto Act would provide a safer digital environment and better protect Idahoans' hard-earned assets. dailyfly.com/2026/05/20/cra…

Neutral on CryptoAdd commentary

Cosponsored a bill on

Bill: SAFE Crypto Act
Details: This legislation establishes the Task Force for Recognizing and Averting Cryptocurrency Scams under the Department of the Treasury. Comprising federal law enforcement, regulatory officials, and digital asset industry representatives, the task force aims to analyze trends in digital asset scams, improve public-private information sharing, and enhance mechanisms for asset recovery. Notably, it directs the task force to collaborate with stablecoin issuers to ensure they maintain the technical capabilities to freeze, seize, burn, or reissue digital assets linked to unlawful conduct.

Neutral on CryptoAdd commentary

Senator Mike Crapo

@MikeCrapo

Currently, our tax code does not provide straightforward answers for many digital asset transactions, whether someone is buying a cup of coffee, donating to charity, investing, lending, mining or staking. The U.S. must not fall behind in this rapidly growing market—it should be et development.

Senate Finance Committee

@SenFinance

Chairman @MikeCrapo delivers remarks at a hearing on the taxation of digital assets.

Very Pro-CryptoAdd commentary

Senator Mike Crapo

@MikeCrapo

WATCH: Senate Finance Hearing on Taxation of Digital Assets

Neutral on CryptoAdd commentary

Mike Crapo reposted the post below

Senate Finance Committee

@SenFinance

HEARING: Chairman @MikeCrapo announced the Committee will convene for a hearing on the taxation of digital assets. Details: Title: Examining the Taxation of Digital Assets Date: Wednesday, October 1, 2025 Time: 10:00 AM ET Location: 215 Dirksen Senate Office Building

Neutral on CryptoAdd commentary

Commentary on Stance

@DTSIBot
submitted some AI-generated analysis

Senator Mike Crapo recently highlighted a Senate Finance Committee hearing he will chair on the taxation of digital assets. While the announcement of a hearing is a neutral procedural action, earning this specific stance a neutral score (50/100), the context surrounding it is overwhelmingly positive. Senator Crapo has a long and consistent history of supporting the digital asset industry. He has voted to repeal harmful regulations like the SEC's SAB 121, which places undue burdens on custodians, and he opposed expansive IRS broker reporting rules that would have stifled decentralized finance. Furthermore, his support for the GENIUS Act demonstrates a clear desire for a common-sense regulatory framework for stablecoins. As far back as 2020, Senator Crapo has been on record stating that crypto innovations are "inevitable, beneficial and the U.S. should lead in their development." Given this extensive pro-crypto track record, a hearing on taxation chaired by him should be viewed as a constructive step. It indicates a serious effort to create the regulatory and tax clarity that the industry needs to thrive, rather than an attempt to launch a hostile investigation. This is what a measured, pro-innovation approach to policy looks like.

Took stances on a bill between and

Bill: GENIUS Act
Details: The GENIUS Act of 2025 proposes a regulatory framework for payment stablecoins. It defines permitted issuers (insured depository institutions, their subsidiaries, and approved nonbank entities) and mandates 1:1 reserve backing with specific high-quality assets. The bill outlines federal and state regulatory oversight options, sets requirements for customer asset segregation, and grants stablecoin holders priority in insolvency proceedings. It also clarifies that regulated payment stablecoins are not considered securities or commodities under various acts. The bill designates issuers as financial institutions under the Bank Secrecy Act, requiring compliance with AML, KYC, and sanctions regulations to prevent illicit finance and safeguard national security. It also reinforces U.S. leadership in digital finance by supporting innovation and ensuring the dollar remains competitive in a rapidly evolving global financial landscape.

Timeline

Very Pro-Crypto

Voted for - Final Passage Out Of Senate

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Add commentary

Voted for a bill on

Bill: S.J. Res 3
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".
Vote: Final Passage Out Of Senate

Very Pro-CryptoAdd commentary

Voted for a bill on

Bill: 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.
Vote: Final Passage Out Of Senate

Very Pro-CryptoAdd commentary

Quoted from cointelegraph.com

United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on July 11 asking for input on the taxation of digital assets. The senators are looking for solutions to highly complex taxation issues, so much so that they offered background reading from the Joint Committee on Taxation to prepare respondents.

Somewhat Pro-CryptoAdd commentary

Quoted from subscriber.politicopro.com

Senate Banking Chair Mike Crapo (R-Idaho) on Tuesday urged the Office of the Comptroller of the Currency to develop rules around the use of cryptocurrencies and distributed ledger technology by banks.
“The cryptocurrency ecosystem is as diverse in its products and functions as the rest of financial services,” Crapo wrote to Acting Comptroller Brian Brooks, in response to a request for input on whether the OCC’s policies around digital banking are sufficient. “These and similar innovations are inevitable, beneficial and the U.S. should lead in their development.”
The Idaho Republican praised a move by the agency clarifying that national banks are allowed to hold crypto assets on behalf of their clients, even as federally insured institutions are restricted from holding digital assets themselves.
“It would be prudent to provide similar clarity for payments,” he added. “The U.S. should develop clear rules of the road that protect businesses and consumers without stifling future innovation.”

Very Pro-CryptoAdd commentary

Quoted from coindesk.com

The top Republicans and Democrats on the Senate Banking Committee plan to introduce legislation this week that would direct the Government Accountability Office (GAO) to study virtual currency’s role in illicit online activity.

Neutral on CryptoAdd commentary

DoTheySupportIt grades politicians on crypto from how they vote and what they say. How it works

US Senator from Idaho

Does Mike Crapo Support Crypto?

Republican

7 votes · 1 sponsorship · 7 statements

Latest · Vote on CLARITY ActVery Pro-Crypto

Crypto grade

Very Pro-Crypto

Based on 15 stances

Based on previous comments, Mike Crapo has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Mike Crapo has made about crypto.

Document a missing stance

Full record

Took stances on a bill between and

Bill: CLARITY Act
Details: The "Digital Asset Market Clarity Act of 2025," or "CLARITY Act of 2025," establishes a regulatory framework for digital commodities, granting the CFTC exclusive jurisdiction over spot market transactions and related entities like exchanges, brokers, and dealers. It aims to differentiate digital commodities from securities, introduce a "mature blockchain system" concept for regulatory exemptions, and protect individual self-custody rights.

Timeline

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, CLARITY could not have gotten to a final vote without members voting in favor.

Very Pro-Crypto

Voted for - Vote advancing bill out of Senate Banking Committee (Final Passage Out Of Senate)

Add commentary

Senator Mike Crapo

@MikeCrapo

Neutral on CryptoAdd commentary

Cosponsored a bill on

Bill: SAFE Crypto Act
Details: This legislation establishes the Task Force for Recognizing and Averting Cryptocurrency Scams under the Department of the Treasury. Comprising federal law enforcement, regulatory officials, and digital asset industry representatives, the task force aims to analyze trends in digital asset scams, improve public-private information sharing, and enhance mechanisms for asset recovery. Notably, it directs the task force to collaborate with stablecoin issuers to ensure they maintain the technical capabilities to freeze, seize, burn, or reissue digital assets linked to unlawful conduct.

Neutral on CryptoAdd commentary

Senator Mike Crapo

@MikeCrapo

Senate Finance Committee

@SenFinance

Chairman @MikeCrapo delivers remarks at a hearing on the taxation of digital assets.

Very Pro-CryptoAdd commentary

Senator Mike Crapo

@MikeCrapo

WATCH: Senate Finance Hearing on Taxation of Digital Assets

Neutral on CryptoAdd commentary

Mike Crapo reposted the post below

Senate Finance Committee

@SenFinance

Neutral on CryptoAdd commentary

Commentary on Stance

@DTSIBot
submitted some AI-generated analysis

Took stances on a bill between and

Bill: GENIUS Act
Details: The GENIUS Act of 2025 proposes a regulatory framework for payment stablecoins. It defines permitted issuers (insured depository institutions, their subsidiaries, and approved nonbank entities) and mandates 1:1 reserve backing with specific high-quality assets. The bill outlines federal and state regulatory oversight options, sets requirements for customer asset segregation, and grants stablecoin holders priority in insolvency proceedings. It also clarifies that regulated payment stablecoins are not considered securities or commodities under various acts. The bill designates issuers as financial institutions under the Bank Secrecy Act, requiring compliance with AML, KYC, and sanctions regulations to prevent illicit finance and safeguard national security. It also reinforces U.S. leadership in digital finance by supporting innovation and ensuring the dollar remains competitive in a rapidly evolving global financial landscape.

Timeline

Very Pro-Crypto

Voted for - Final Passage Out Of Senate

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Add commentary

Voted for a bill on

Bill: S.J. Res 3
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".
Vote: Final Passage Out Of Senate

Very Pro-CryptoAdd commentary

Voted for a bill on

Bill: 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.
Vote: Final Passage Out Of Senate

Very Pro-CryptoAdd commentary

Quoted from cointelegraph.com

United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on July 11 asking for input on the taxation of digital assets. The senators are looking for solutions to highly complex taxation issues, so much so that they offered background reading from the Joint Committee on Taxation to prepare respondents.

Somewhat Pro-CryptoAdd commentary

Quoted from subscriber.politicopro.com

Senate Banking Chair Mike Crapo (R-Idaho) on Tuesday urged the Office of the Comptroller of the Currency to develop rules around the use of cryptocurrencies and distributed ledger technology by banks.
“The cryptocurrency ecosystem is as diverse in its products and functions as the rest of financial services,” Crapo wrote to Acting Comptroller Brian Brooks, in response to a request for input on whether the OCC’s policies around digital banking are sufficient. “These and similar innovations are inevitable, beneficial and the U.S. should lead in their development.”
The Idaho Republican praised a move by the agency clarifying that national banks are allowed to hold crypto assets on behalf of their clients, even as federally insured institutions are restricted from holding digital assets themselves.
“It would be prudent to provide similar clarity for payments,” he added. “The U.S. should develop clear rules of the road that protect businesses and consumers without stifling future innovation.”

Very Pro-CryptoAdd commentary

Quoted from coindesk.com

The top Republicans and Democrats on the Senate Banking Committee plan to introduce legislation this week that would direct the Government Accountability Office (GAO) to study virtual currency’s role in illicit online activity.

Neutral on CryptoAdd commentary