Does Sherrod Brown Support Crypto?

Based on previous comments, Sherrod Brown has indicated they are very anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Sherrod Brown 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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Sherrod Brown
@SenSherrodBrown
.@SenateBanking is examining the financing behind terrorism & working to cut it off at the source. We’re looking at all options including sanctioning state sponsors of terrorism & their proxies & cracking down on cryptocurrency. We must do whatever we can to deny Hamas funding.
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Very Anti-Crypto

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Sherrod Brown
@SenSherrodBrown
Hamas's terrorism is fueled by cryptocurrency. We need to crack down on illicit crypto and stop terrorists from moving money around, evading sanctions, and funding their acts of evil. We must curb this emerging threat & protect our national security.
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Very Anti-Crypto

Sherrod Brown reposted the post below
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Senate Banking and Housing Democrats
@SenateBanking
Last year's Super Bowl was filled with crypto ads. @SenSherrodBrown warned people about the risks, scams, and fraud. This Sunday, after the industry lost billions of dollars and left many Americans high and dry, there won't be a single crypto ad.
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Very Anti-Crypto

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Sherrod Brown
@SenSherrodBrown
I applaud the @TheJusticeDept and the Bahamian authorities for holding Sam Bankman-Fried accountable. The @SenateBanking and Housing Committee will continue working to uncover crypto's risks to consumers, our financial system, and our national security.
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The New York Times
@nytimes
Breaking News: Sam Bankman-Fried, the FTX founder, was arrested in the Bahamas after U.S. prosecutors filed criminal charges, the Bahamas government said. nyti.ms/3hlhGrz
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Very Anti-Crypto

Sherrod Brown reposted the post below
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Senate Banking and Housing Democrats
@SenateBanking
Chair @SenSherrodBrown will continue to work with our watchdogs to hold bad actors in crypto markets accountable. He's committed to finding the best path forward to protect consumers and the stability of the U.S. markets and banking system.
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Very Anti-Crypto

Sherrod Brown reposted the post below
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Senate Banking and Housing Democrats
@SenateBanking
The recent collapse of FTX is a loud warning bell that cryptocurrencies can fail, and just like we saw with over-the-counter derivatives that led to a financial crisis, these failures can have a ripple effect on consumers and other parts of our financial system.
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Very Anti-Crypto

Sherrod Brown reposted the post below
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Senate Banking and Housing Democrats
@SenateBanking
Many people think investing in cryptocurrency means big returns with zero risk. But we’ve seen thousands of scams and spectacular blowups in the crypto markets, exposing how bad actors are costing Americans millions of dollars and putting their savings and livelihoods at risk.
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Very Anti-Crypto

Sherrod Brown reposted the post below
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The Recount
@therecount
Sen. Sherrod Brown (D-OH) slams big crypto ads aired during the Super Bowl: “They brought in celebrities and gimmicks to make crypto sound exciting and daring and profitable. But the ads left a few things out. They didn’t mention the fraud, the scams, and the outright theft.”
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Very Anti-Crypto

Sherrod Brown reposted the post below
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Senate Banking and Housing Democrats
@SenateBanking
Stablecoins trap people’s money with fine print and create dangers for our economy. To safeguard Americans' savings and our entire economy, we have to address the risks of stablecoin. Tomorrow at 10:15 AM, tune in to hear more:
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