Does Ritchie Torres Support Crypto?

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 Bitcoin, Ethereum, and cryptocurrency innovation.

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Very Pro-Crypto

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… x.com/i/web/status/1… pic.x.com/4ctocizcjb

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2024-09-27T15:57:13.000Z · via Twitter

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Very Pro-Crypto

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… x.com/i/web/status/1… pic.x.com/ucsaczevou

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2024-09-19T17:06:22.000Z · via Twitter

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Very Pro-Crypto

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 · via Twitter

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Very Pro-Crypto

Voted for 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

Cosponsored a bill on May 1st, 2024

Bill Name

FIT21

Details

Financial Innovation and Technology for the 21st Century Act

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

RT @blockchaintpsht: Interview: @RepRitchie Torres makes progressive case for digital assets.... today's tipsheet Read: https://t.co/N5zjU…

2024-02-16T15:01:53.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

This afternoon, I will be participating in a @FSCDEMS Subcommittee hearing entitled “Crypto Crime in Context Part II: Examining Approaches to Combat Illicit Activity.” Watch here at 2 PM

https://t.co/jfsIJI62sI

2024-02-15T17:37:02.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

During todays @FSCDems hearing, I questioned @SecYellen on New York Community Bank, banking regulation, stablecoins, and China. Watch here.youtu.be/ABPzW5uaM34

2024-02-06T21:34:37.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

I cross-examined @SECGov Chair Gary Gensler about the term 'investment contract', which is key to determining his authority over crypto. Gensler struggled to answer basic questions like whether an investment contract requires a contract. His evasions are deafening and damning. pic.twitter.com/EJcZEHiKGL

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2023-09-27T19:37:33.000Z · via Twitter

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Very Pro-Crypto

Cosponsored a bill on Sep 27th, 2023

Bill Name

Uniform Treatment of Custodial Assets Act

Details

To prohibit certain Federal agencies from requiring certain institutions to include assets held in custody as a liability, and for other purposes.

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

Tune in -- I'm getting ready to join @Crypto_TownHall to talk about historic bipartisan legislation on digital asset regulatory framework and stablecoin technology that passed out of House Financial Services this week. twitter.com/scottmelker/st…

2023-07-28T14:10:31.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

The status quo of crypto regulation by enforcement has failed retail customers. Einstein once said: “If we do the same thing over and over again and expect a different result, that’s the definition of insanity.” It’s time for Congress to bring sanity to crypto regulation. pic.twitter.com/bIBgd3iFqU

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2023-07-26T19:21:48.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

TUNE IN

Watch live as I participate in a @FSCDems markup on legislation establishing regulatory framework for digital assets. youtu.be/wCqqBLMboOc

2023-07-26T15:56:43.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

Judge Analisa Torres’s decision in the Ripple case establishes what I call the Torres Doctrine, rejecting @SECGov Chair Gary Genler’s indiscriminate assault on crypto. Digital assets aren’t securities in themselves but can be part of investment contracts, which are securities. twitter.com/decryptmedia/s…

2023-07-18T21:58:04.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

Crypto regulation by enforcement had a dreadful day in court. In light of the SDNY’s landmark decision in the Ripple case, @SECGov must reassess its reckless regulatory assault on the crypto industry. My letter to Chair Gensler: pic.twitter.com/Mrk63N4KhH

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2023-07-18T16:12:15.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

Needless to say, regulating digital assets through enforcement only had a dreadful day in court last week. In the wake of the resounding decision out of the SDNY Ripple case, @SECGov must reassess its continued assault on the crypto industry. My letter to Chair Gensler: pic.twitter.com/MoANKeHKeJ

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2023-07-18T14:54:13.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

Worth noting the judge's last name in this first-of-its-kind case today out of the Southern District of New York. Never met a Torres who was wrong on crypto. reuters.com/legal/us-judge…

2023-07-13T20:52:54.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

@SECGov is acting like an overzealous traffic cop arbitrarily ticketing drivers while keeping the speed limit a secret. It prefers to communicate by enforcement rather than by rules or guidance. But that's no way to regulate digital assets. I'm calling for an investigation. pic.twitter.com/n0hijAREDC twitter.com/ForbesCrypto/s…

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2023-07-13T16:54:59.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

As I pointed out during a @FSCDems hearing this week, members of Congress are elected by and accountable to the American people. We should be the ones deciding the future of regulating digital assets and other emerging technologies like cryptocurrency. Not unelected bureaucrats. pic.twitter.com/ZbbcNwlpp2

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2023-06-16T14:44:19.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

TUNE IN

This afternoon, as a member of @FSCDems, I'm participating in a hearing examining the future of digital assets and the need to provide regulatory clarity for the digital asset ecosystem. Tune in starting at 2 p.m.: youtube.com/watch?v=Sq4-6d…

2023-06-13T17:37:02.000Z · via Twitter

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Somewhat Anti-Crypto

Ritchie Torres

@RepRitchie

In April, as a member of @FSCDems, I pressed @SECGov Chair Gensler to be more aggressive about enforcement against offshore cryptocurrency companies. Today, the agency announced long overdue legal action against Binance and its founder/CEO. My statement: pic.twitter.com/ViRL1Lwdfi

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2023-06-05T20:44:55.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

The evidence is crystal clear -- state regulators like @NYDFS have been far more effective at regulating cryptocurrencies than federal regulators. Watch my questioning during yesterday's @FSCDems hearing aimed at developing a framework for stablecoin regulation and legislation. pic.twitter.com/9c6q0RwKEC

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2023-05-19T13:42:29.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

TUNE IN

This morning, as a member of @FSCDems, I'm participating in the Digital Asset Subcommittee hearing on “Putting the ‘Stable’ in ‘Stablecoins:’ How Legislation Will Help Stablecoins Achieve Their Promise”. Watch live: youtube.com/watch?v=j9yNSG…

2023-05-18T14:08:19.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

TUNE IN

This morning, as a member of @FSCDems, I'm participating in a joint hearing with @HouseAgDems on the "Future of Digital Assets: Measuring the Regulatory Gaps in the Digital Asset Market". Watch here: youtube.com/watch?v=gwJ1QA…

2023-05-10T13:49:51.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

TUNE IN

This morning, as a member of @FSCDems, I’m participating in a subcommittee hearing aimed at strengthening our understanding the role of stablecoins in payments and the need for legislation. Watch: youtube.com/live/ti0CDUxTA…

2023-04-19T14:08:52.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

WATCH LIVE

Right now, I'm taking part in a hearing of the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion youtube.com/watch?v=aOUUy4…

2023-03-09T20:32:47.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

“The power of crypto should and must be harnessed to create an alternate economy where individual innovators are no longer at the mercy of corporate rent-seekers.” My thoughts on the future of #cryptocurrency in @NYDailyNews oped

nydailynews.com/opinion/ny-ope…X

2022-03-17T17:12:06.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

Far from displacing the dollar, #Stablecoin has the potential to reinvigorate the U.S. dollar as the world’s reserve currency. The relationship between old money and new money could prove to be mutually beneficial. Recent @FSCDems #Crypto hearing

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2021-12-16T00:01:48.000Z · via Twitter

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Neutral on Crypto

Ritchie Torres

@RepRitchie

#Crypto presents government with the challenge of enforcing the law in a world of decentralization. How do you enforce the law when there is no central entity against which to enforce the law? See the response from recent @FSCDems hearing on crypto

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2021-12-15T01:07:16.000Z · via Twitter

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Very Pro-Crypto

Ritchie Torres

@RepRitchie

Immigrants often pay predatory fees to send remittances to loved ones abroad. #Crypto has the potential to create a better, cheaper, faster payment system. My mission is to make the crypto revolution work for the lowest-income Americans. @FSCDems hearing Q&A

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2021-12-10T22:38:55.000Z · via Twitter

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