Does Tina Smith Support Crypto?

Based on previous comments, Tina Smith has indicated they are very anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Tina Smith 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

Cosponsored a bill on Sep 14th, 2023
Bill Name
Digital Asset Anti-Money Laundering Act of 2023
Details
A bill to require the Financial Crimes Enforcement Network to issue guidance on digital assets, and for other purposes.
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Very Anti-Crypto

Tina Smith reposted the post below
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Yahoo Finance
@YahooFinance
.@SenTinaSmith (D-Mn.) on crypto regulation following FTX’s collapse: “We know how to basically provide a fair market for consumers and we need to make sure those standards are being applied where we can in the crypto world.”
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Very Anti-Crypto

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Senator Tina Smith
@SenTinaSmith
Crypto mining uses a ton of energy (more than some entire countries), further exacerbating climate change. Now neighbors who never asked to live near crypto miners are seeing local pollution and their energy bills go up. Listen to @Ben_Mckenzie from yesterday’s FTX hearing.
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Very Anti-Crypto

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Senator Tina Smith
@SenTinaSmith
It’s not hard to conclude SBF bulldozed over market rules because he thought nobody would stop him. Let’s be clear: we need strict protections for consumers, shielding them from blatantly corrupt actors in crypto.
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The New York Times
@nytimes
Breaking News: U.S. prosecutors unsealed their criminal indictment against Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, charging him with fraud and conspiracy. Read the latest. nyti.ms/3VMq6qZ
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