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  3. Ritchie Torres

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

profile picture of Ritchie Torres

US Congressperson in the 15th district of New York

Does Ritchie Torres Support Crypto?

Democrat

5 votes · 7 sponsorships · 34 statements

Latest · 2026-08-03Cosponsored Promoting Innovation in Blockchain Development ActVery Pro-Crypto
  • @RitchieTorres
  • @RepRitchie
  • ritchietorres.house.gov
A
Crypto grade
Very Pro-Crypto
Based on 46 stances

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

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Full record

2026-08-03T00:00:00.000Z
Cosponsored a bill on 2026-08-03
Bill
Promoting Innovation in Blockchain Development Act
Details
This legislation amends the federal criminal statute governing unlicensed money transmitting businesses to require that an entity must actually exercise control over funds to face prosecution. By narrowing the definition of money transmission to custodial activities, the bill exempts non-custodial blockchain developers, self-custody wallet providers, node operators, and decentralized finance protocols from criminal liability for unlicensed money transmission, protecting fundamental software innovation.
Very Pro-CryptoAdd commentary on this bill
2026-01-13T00:00:00.000Z
X profile picture of @RitchieTorres
Ritchie Torres
@RitchieTorres
There is crypto as a computer: blockchain with productive use cases, such as the tokenization of real-world assets. And then there is crypto as a casino. The so-called NYC Token—bizarrely marketed as a tool to combat antisemitism, despite having nothing to do with it—represents orst.
tweet image
2026-01-13T17:18:06.000Z
Very Pro-CryptoAdd commentary on this stance
2025-07-17T00:00:00.000Z
Voted for a bill on 2025-07-17
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.
Vote
Final Passage Out Of House
Very Pro-CryptoAdd commentary on this bill
2025-07-17T00:00:00.000Z
Took stances on a bill between 2025-05-29T00:00:00.000Z and 2025-07-17T00:00:00.000Z
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
2025-07-17
Very Pro-Crypto
Voted for - Final Passage Out Of House
2025-05-29
Very Pro-Crypto
Cosponsored
Add commentary on this bill
2025-05-21T00:00:00.000Z
Cosponsored a bill on 2025-05-21
Bill
Blockchain Regulatory Certainty Act
Details
The "Blockchain Regulatory Certainty Act" (H.R. 3533) provides a safe harbor for non-controlling blockchain developers and service providers, exempting them from being classified as money transmitters or financial institutions, and thus from associated licensing and registration requirements, unless they have control over users' digital assets. This aims to prevent such entities from incurring liability for unlicensed or unregistered conduct.
Very Pro-CryptoAdd commentary on this bill
2025-03-26T00:00:00.000Z
Cosponsored a bill on 2025-03-26
Bill
STABLE Act of 2025
Details
This bill establishes a comprehensive regulatory framework for payment stablecoins in the United States. It defines payment stablecoins and permitted issuers, mandating 1:1 reserves in high-quality assets, regular audits, and public disclosures. The legislation creates approval pathways for both federally and state-chartered entities to issue stablecoins and clarifies that self-custody of digital assets is not subject to the bill's restrictions. It also includes a two-year moratorium on new algorithmic stablecoins.
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2025-03-11T00:00:00.000Z
Voted for a bill on 2025-03-11
Bill
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".
Vote
Final Passage Out Of House
Very Pro-CryptoAdd commentary on this bill
2025-03-03T00:00:00.000Z
X profile picture of @RepRitchie
Rep. Ritchie Torres
@RepRitchie
Excited to announce that today, @GOPMajorityWhip and I are launching the Congressional Crypto Caucus. We hope to build a unified, bipartisan coalition to cement America’s leadership in the future of digital assets and blockchain innovation.
X profile picture of @EleanorTerrett
Eleanor Terrett
@EleanorTerrett
🚨SCOOP: House Republican @GOPMajorityWhip and Democrat @RepRitchie are teaming up to launch the Congressional Crypto Caucus, a bipartisan initiative with the goal of advancing crypto-friendly policies in Congress’s lower chamber. Separate from the Congressional Blockchain Caucus that launched in 2017, the Congressional Crypto Caucus will function more as a voting bloc to mobilize support for digital asset legislation currently being worked on in the House, including stablecoin and market structure bills. Congressman Emmer tells me the caucus was formed in response to the millions of U.S. voters that took to the ballot box in November to vote for candidates that would prioritize the advancement of digital assets and blockchain technology in the U.S. “This Caucus serves as an ideologically unified, nonpartisan group of members that can quickly mobilize to support key digital asset initiatives in Congress,” Emmer said. “We will continue to work to ensure the United States remains the best place in the world to build and innovate in the next iteration of the internet.” The debut of the caucus comes as lawmakers are working quickly to pass legislation to provide a regulatory framework for the $3 trillion digital asset industry, as ordered by President @realDonaldTrump, who has said he wants to make the U.S. the ‘crypto capital of the planet.’ Two separate bills to provide clarity around the use of stablecoins, cryptocurrencies pegged to a stable asset like the U.S. dollar, have been introduced in the House with industry currently providing input on the bills’ various provisions. Meanwhile, in the upper chamber, the @BankingGOP is eyeing a markup for Tennessee @SenatorHagerty's stablecoin bill, the GENIUS Act, as early as next week. In a press conference last month, Chairman of the Senate Banking Committee @SenatorTimScott said he’s aiming for both stablecoin and market structure bills to pass the Senate and be on the President's desk for signing by April. It’s unclear at this point if there will be enough bipartisan support to achieve that goal, but Emmer and Torres hope the Congressional Crypto Caucus will be able to help get legislation across the finish line. “The Congressional Crypto Caucus will be a driving force in advancing policies that foster innovation, protect consumers, and ensure that cutting-edge technology can thrive in the United States, strengthening our position as a global leader in digital assets and blockchain innovation,” Torres told me. “I’m proud to co-lead this effort with Rep. Emmer to build a unified, bipartisan coalition that cements America’s leadership in the future of finance.”
2025-03-03T15:46:51.000Z
2025-03-03T15:51:34.000Z
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Commentary on Stance

DTSI Bot
@DTSIBot
submitted some AI-generated analysis

Rep. Ritchie Torres has once again demonstrated his unwavering commitment to the advancement of sound crypto policy. His announcement of the formation of the Congressional Crypto Caucus, in collaboration with Rep. Tom Emmer, is a significant step forward for the industry. This bipartisan effort, distinct from the existing Blockchain Caucus, aims to create a powerful voting bloc dedicated to propelling crypto-friendly legislation through the House. A stance score of 100 perfectly reflects the positive implications of this initiative. This caucus is not just symbolic; it's a strategic move to consolidate support for crucial bills addressing stablecoins and market structure, two areas vital for the continued growth and maturation of the crypto space. The fact that this is a bipartisan effort is particularly encouraging, suggesting a growing recognition across the political spectrum of the transformative potential of digital assets. I applaud Rep. Torres and Rep. Emmer for their leadership in establishing this much-needed caucus and eagerly anticipate the positive impact it will have on shaping the future of crypto in the United States.
2025-02-06T00:00:00.000Z
Ritchie Torres reposted the post below
X profile picture of @DecryptMedia
Decrypt
@DecryptMedia
Congressmen Push for 'Crucial' NFT Protections in Revised Crypto Bill ► decrypt.co/304760/congres… decrypt.co/304760/congres…
2025-02-06T20:00:22.000Z
Very Pro-CryptoAdd commentary on this stance

Commentary on Stance

DTSI Bot
@DTSIBot
submitted some AI-generated analysis

Rep. Ritchie Torres continues to be a strong advocate for sensible crypto regulation. His retweet of this Decrypt article, highlighting Congressional efforts to include NFT protections in a revised crypto bill, underscores his commitment to fostering innovation while safeguarding consumers. This proactive approach is essential for the responsible growth of the digital asset space. A stance score of 100 is entirely appropriate given his consistent support for clear and balanced crypto legislation. It's refreshing to see a member of Congress who understands the nuances of this technology and is working to create a regulatory environment that allows it to flourish.
2025-02-05T00:00:00.000Z
Cosponsored a bill on 2025-02-05
Bill
Expressing support for blockchain technology and digital assets.
Details
This House Resolution expresses strong support for blockchain technology and digital assets, highlighting their potential to foster economic growth, improve financial services, and enhance collaboration. It warns against the risk of innovation shifting overseas if the United States does not embrace and support the development of these technologies. The resolution advocates for the U.S. to become a global leader in digital asset development and calls for Congress to enact a functional, tailored regulatory framework that accommodates the unique benefits and risks of the digital asset ecosystem while also incorporating investor protections.
Very Pro-CryptoAdd commentary on this bill
2024-12-12T00:00:00.000Z
X profile picture of @RitchieTorres
Ritchie Torres
@RitchieTorres
Congratulations to my friend Congressman French Hill of Arkansas on his selection as Chair of the House Financial Services Committee. Over the last four years, French and I have built a strong bipartisan partnership on a range of issues—from AI to digital assets to capital ard to deepening our bipartisan cooperation in the 119th Congress.
tweet image
2024-12-12T20:22:33.000Z
Very Pro-CryptoAdd commentary on this stance
2024-09-27T00:00:00.000Z
X profile picture of @RepRitchie
Rep. Ritchie Torres
@RepRitchie
In the Howey case, the Supreme Court never held that orange groves in themselves are securities. It held that orange groves can be part of investment contracts, which are securities. Like orange groves, digital assets in themselves are not securities. Using the term “digital aesurd as using the term “orange grove securities.”
tweet image
2024-09-27T15:57:13.000Z
Very Pro-CryptoAdd commentary on this stance
2024-09-22T00:00:00.000Z
X profile picture of @RitchieTorres
Ritchie Torres
@RitchieTorres
I wrote an op-ed about dollar stablecoins that makes several points: The proliferation of dollar stablecoins represents the projection of American soft power across the globe. Dollar stablecoins create a rapidly growing market for US Treasuries, driving down the cost of US debt. Dollar stablecoins represent the greatest experiment in financial inclusion ever undertaken, bringing a stable currency to impoverished countries where none exist and offering an escape from runaway inflation and currency depreciation. For further insight, read the op-ed: nydailynews.com/2024/09/22/op-…
2024-09-22T15:51:31.000Z
Very Pro-CryptoAdd commentary on this stance
2024-09-19T00:00:00.000Z
Ritchie Torres reposted the post below
X profile picture of @RepRitchie
Rep. Ritchie Torres
@RepRitchie
The term ‘digital asset security’ does not appear anywhere in any law enacted by Congress or in any rule promulgated by the SEC or in any decision rendered by the Supreme Court. It appears nowhere in the 2 million pages of the Federal Register. If it comes from neither statute nsC invented the term out of thin air.
tweet image
2024-09-19T17:06:22.000Z
Very Pro-CryptoAdd commentary on this stance
2024-09-19T00:00:00.000Z
X profile picture of @RepRitchie
Rep. Ritchie Torres
@RepRitchie
The term ‘digital asset security’ does not appear anywhere in any law enacted by Congress or in any rule promulgated by the SEC or in any decision rendered by the Supreme Court. It appears nowhere in the 2 million pages of the Federal Register. If it comes from neither statute nsC invented the term out of thin air.
tweet image
2024-09-19T17:06:22.000Z
Very Pro-CryptoAdd commentary on this stance
2024-06-30T00:00:00.000Z
Ritchie Torres replied to a post from @daveweisberger1
X profile picture of @RitchieTorres
Ritchie Torres
@RitchieTorres
@daveweisberger1 @RepRitchie One can easily believe that Congress should enact a clear comprehensive framework for regulating new technologies (like crypto and blockchain) while also believing that courts should defer to the technical expertise of technical experts on highly technical questions.
2024-06-30T15:20:04.000Z
Very Pro-CryptoAdd commentary on this stance
2024-05-23T00:00:00.000Z
X profile picture of @RepRitchie
Rep. Ritchie Torres
@RepRitchie
Today, I voted YES on #FIT21. It represents a bipartisan effort to regulate the digital assets industry, prevent the next FTX, safeguard consumers, cement the US as a global leader in finance and technology, and promote a secure, innovative, and inclusive financial future.
2024-05-23T01:02:29.000Z
Very Pro-CryptoAdd commentary on this stance
2024-05-22T00:00:00.000Z
Took stances on a bill between 2024-05-01T00:00:00.000Z and 2024-05-22T00:00:00.000Z
Bill
FIT21
Details
This bill establishes a comprehensive regulatory framework for digital assets, assigning primary jurisdiction over "digital commodities" to the CFTC and "restricted digital assets" to the SEC. It defines key terms like "digital asset," "digital commodity," and "permitted payment stablecoin," and creates a mechanism for digital assets to transition from securities to commodities upon achieving sufficient decentralization. The legislation also outlines registration requirements for various digital asset intermediaries and mandates studies on decentralized finance and non-fungible digital assets.
Timeline
2024-05-22
Very Pro-Crypto
Voted for - Final Passage Out Of House
2024-05-01
Very Pro-Crypto
Cosponsored
Add commentary on this bill
2024-05-08T00:00:00.000Z
Voted for a bill on 2024-05-08
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 House
Very Pro-CryptoAdd commentary on this bill
2024-02-16T00:00:00.000Z
Ritchie Torres reposted the post below
X profile picture of @blockchaintpsht
blockchain tipsheet
@blockchaintpsht
Interview: @RepRitchie Torres makes progressive case for digital assets.... today's tipsheet Read: blockchaintipsheet.com/legislation/re… * Progressive case for crypto: "If you’re concerned about the concentrated power of 'Big Tech' and Wall Street, there’s a compelling alternative to be found in crypto." * Stablecoin law: "I could imagine a regime of tiered regulation in which… if a stablecoin reaches a certain size or passes a certain threshold, then it’s primarily subject to federal regulation." * The SEC: "I fundamentally disagree with the approach that [Chair Gary Gensler] has taken with respect to crypto. The first has been… a lack of regulatory clarity..." * Ethereum ETF: "If it’s compliant with the law, then it should be granted approval." * The generational divide in Congress: "...there’s a new generation of Members – like myself and [Rep. Wiley Nickel (D, NC)] – who are much more receptive to the potentialities of emerging technologies..." * Regarding the CRA resolution on SAB 121: "If it came to the floor for a vote, I would vote for it."
tweet image
2024-02-16T14:00:23.000Z
Very Pro-CryptoAdd commentary on this stance

All positions

  • Running to be US Congressperson in the 15th district of New York
    3 January, 2027
  • US Congressperson in the 15th district of New York
    3 January, 2025 - 3 January, 2027
  • Former US Congressperson in the 15th district of New York
    3 January, 2023 - 3 January, 2025
  • Former US Congressperson in the 15th district of New York
    3 January, 2021 - 3 January, 2023
  • Former Member of the New York City Council from the 15th district
    1 January, 2014 - 31 December, 2020

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Each stance is scored from very anti- to very pro-crypto, and a person's grade is based on those scores. Newer stances can make older ones irrelevant.

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