Does Ted Budd Support Crypto?

Based on previous comments, Ted Budd has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Ted Budd has made about Bitcoin, Ethereum, and cryptocurrency innovation.

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Very Pro-Crypto

Voted for 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 Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
What happened at FTX was fraud, plain & simple. Sam Bankman-Fried should be prosecuted to the fullest extent of the law. In order to protect consumers & encourage U.S. innovation, Congress should finally take the lead & establish clear rules for #Crypto.
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
During today's @FinancialCmte hearing, I asked Treasury's Under Secretary for Domestic Finance if federal regulators would front-run Congress and impose heavy limitations on #stablecoins. She said she did not think so. #StableCoin
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Given @BrianBrooksUS's previous experience as head of the OCC, I asked him if the U.S. government is "behind the curve" when it comes fostering a pro-growth environment for #crypto. His answer: "Unquestionably." This has to change. #Bitcoin #cryptocurrency
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Glad to join @RepTomEmmer to make sure that the Fed does not undermine decentralized digital assets. "Decentralized digital assets and digital asset ecosystems empower individual Americans and unlock great access to opportunities for all" #Crytpo #CBDC
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Tom Emmer
@GOPMajorityWhip
Today, I sent a bipartisan letter to Federal Reserve Chairman Jerome Powell highlighting the need for private sector digital asset innovation.
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
China's abolishment of #crypto and #Bitcoin is huge opportunity for the U.S. to innovate and lead in this 21st century industry. If America's lives up to our free market principles, we will outpace China's authoritarian, communist system every time.
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
We want the next generation of digital banking to built right here in the USA, not pushed overseas. The amendment from @SenLummis, @SenToomey, & @RonWyden is a positive step to ensure innovation continues to thrive in America. #Crypto #cryptocurrency
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Very Pro-Crypto

Ted Budd reposted the post below
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Breitbart News
@BreitbartNews
.@RepTedBudd told Breitbart News in an exclusive interview that the cryptocurrency regulations in the so-called bipartisan infrastructure bill are “devastating” for American jobs and the country’s competitiveness in the financial technology industry. trib.al/UOvsdG9
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Taxing everyday #crypto investors & innovators like this will undermine U.S. leadership in this industry. Totally self-destructive.
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CoinDesk
@CoinDesk
The new infrastructure deal in Washington includes a proposal to generate $30 billion through increased taxes on crypto transactions. @nikhileshde @realDannyNelson report trib.al/xS274sz
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