Does Wiley Nickel Support Crypto?

Wiley Nickel

@WileyNickel

Had a great conversation this morning with @thelauracoates on @siriusxmpotus about the state of the election, the big crypto reset from @KamalaHarris, and more!

2024-10-16T13:04:51.000Z · via Twitter

Wiley Nickel

@WileyNickel

Join me and @thelauracoates on @SIRIUSXM to discuss VP @KamalaHarris’ latest news on crypto! Live at 8:05am ET this morning.

2024-10-16T11:50:44.000Z · via Twitter

Wiley Nickel

@WileyNickel

Here’s the #Crypto policy statement that @KamalaHarris put out as part of her Opportunity Economy proposal. This put her in line with the bipartisan majority in the House who supported #FIT21. “Supporting a regulatory framework for cryptocurrency and other digital assets so Black men who invest in and own these assets are protected… Enabling Black men who hold digital assets to benefit from financial innovation. More than 20% of Black Americans own or have owned cryptocurrency assets. Vice President Harris appreciates the ways in which new technologies can broaden access to banking and financial services. She will make sure owners of and investors in digital assets benefit from a regulatory framework so that Black men and others who participate in this market are protected.”

2024-10-15T00:53:50.000Z · via Twitter

finance.yahoo.com/news/kamala-ha…o

Wiley Nickel

@WileyNickel

I applaud @KamalaHarris for breaking with the Biden Administration on crypto. It's time to move beyond Gary Gensler’s backwards approach so we can protect consumers and keep digital innovation in the US. Great news for the future of digital assets!

2024-10-15T00:42:11.000Z · via Twitter

Wiley Nickel

@WileyNickel

Enjoyed talking with @semafor about @KamalaHarris's major reset on #crypto policy. We’re going to see a much more balanced approach from a Harris administration on this issue. semafor.com/article/09/26/…

2024-09-26T17:34:16.000Z · via Twitter

Wiley Nickel

@WileyNickel

@jeneps This is a big deal for #crypto and blockchain technology! A policy reset that turns the page on Gary Gensler’s failed approach of regulation by enforcement and puts @KamalaHarris in line with #FIT21 Democrats working to keep digital innovation in the United States.

2024-09-22T21:31:09.000Z · via Twitter

Wiley Nickel

@WileyNickel

Huge policy news! @KamalaHarris signals a very significant reset on crypto and blockchain technology. This new policy position puts her in line with #FIT21 House and Senate Democrats working to protect consumers and keep digital innovation in the United States.

x.com/jeneps/status/…w

2024-09-22T21:26:48.000Z · via Twitter

Wiley Nickel

@WileyNickel

RT @standwithcrypto: #StandWithCryptoDay was a success and the perfect way to cap off the #AmericaLovesCryptoTour! We've never been more c…

2024-09-19T17:36:01.000Z · via Twitter

Wiley Nickel

@WileyNickel

RT @crypto: Vice President Kamala Harris will back measures to help grow digital assets, a policy adviser to her campaign said, highlightin…

2024-08-21T22:51:36.000Z · via Twitter

Wiley Nickel

@WileyNickel

Big News

@KamalaHarris will "support policies that ensure that emerging technologies and that sort of industry can continue to grow.” I’ve been working hard to push for a reset on #crypto, and am thrilled about this important policy statement. bloomberg.com/news/articles/…

2024-08-21T20:43:49.000Z · via Twitter

Wiley Nickel

@WileyNickel

Tonight at #cryptoforharris we heard from Democrats across the country who know @KamalaHarris is the one to lead us into the future

And by the way… Trump is full of

. Let’s win in November!pic.x.com/t96apuurzww

2024-08-15T01:28:22.000Z · via Twitter

Wiley Nickel

@WileyNickel

We’re not giving this issue to Trump. Allowing crypto to become a political football is only going to set the U.S. further behind. Join me for our virtual Town Hall next Wednesday to hear about our plans to support the Harris-Walz campaign and ways you can get involved: lu.ma/dpgcaxsi

2024-08-08T17:18:30.000Z · via Twitter

Wiley Nickel

@WileyNickel

I’m looking forward to speaking at the Crypto4Harris virtual town hall next week! As Democrats and @KamalaHarris supporters, we want to encourage innovation and protect consumers. Allowing crypto to become a political football is only going to set the US further behind. x.com/crypto4harris/…

2024-08-06T22:49:53.000Z · via Twitter

Wiley Nickel

@WileyNickel

@PhaseWhite1 @TheBitcoinConf We only sent it on Saturday so no news yet. But this info below was a positive step. “Kamala Harris campaign seeks ‘reset’ with crypto companies” ft.com/content/1a4c50…

2024-07-30T16:14:50.000Z · via Twitter

Wiley Nickel

@WileyNickel

This weekend, I led a letter to the DNC calling for a fresh approach to crypto regulation within the party platform. 14 Dem Members of Congress and 14 House candidates signed on. The audience at #Bitcoin2024 heard it first! I’ll keep working to ensure Web3 remains a bipartisan issue.

2024-07-30T16:10:03.000Z · via Twitter

Wiley Nickel

@WileyNickel

There’s a strong bipartisan coalition in Congress supporting #crypto regulation and common sense efforts to protect consumers, promote innovation, and advance US National Security. In Nashville at #Bitcoin2024 I made the case for a reset from the Harris campaign. Love it or hate it, crypto is here to stay; it can’t be uninvented. 52 million Americans own crypto. That’s 20% of registered voters.

2024-07-28T14:24:29.000Z · via Twitter

Wiley Nickel

@WileyNickel

RT @WileyNickel: Behind the scenes at #Bitcoin2024 with comedian @nottjmiller! He did a great job as the MC ahead of my 1:1 conversation w…

2024-07-28T02:39:59.000Z · via Twitter

Wiley Nickel

@WileyNickel

I’ve been working to encourage a “reset” and applaud @KamalaHarris for taking a forward-looking approach to digital assets and blockchain technology. This technology holds immense potential for American innovation, economic growth, and financial inclusion.

ft.com/content/1a4c50…3

2024-07-27T22:02:23.000Z · via Twitter

Wiley Nickel

@WileyNickel

I previewed a thoughtful Harris campaign “reset” on this issue from the stage of the #Bitcoin2024Conference this morning.

2024-07-27T19:26:23.000Z · via Twitter

Wiley Nickel

@WileyNickel

I’ve been working hard to encourage a “reset” and applaud @KamalaHarris for taking a forward-looking approach to digital assets and blockchain technology. This technology holds immense potential for American innovation, economic growth, and financial inclusion.

x.com/ft/status/1817…M

2024-07-27T19:22:31.000Z · via Twitter

Analysis on Stance

Stand With Crypto
marked this stance as very pro-crypto

DoTheySupportIt
marked this stance as very pro-crypto

Wiley Nickel

@WileyNickel

Spoke at #bitcoin2024 this morning to make the progressive case for crypto regulation. Whether you love crypto or hate it, this is a bipartisan issue. pic.twitter.com/XEDhthS3FF

2024-07-27T17:46:48.000Z · via Twitter

Wiley Nickel

@WileyNickel

Behind the scenes at #Bitcoin2024 with comedian @nottjmiller! He did a great job as the MC ahead of my 1:1 conversation with Jason Maier on the main stage at @TheBitcoinConf in Nashville. pic.twitter.com/0flnoIypsd

2024-07-27T16:54:06.000Z · via Twitter

Wiley Nickel

@WileyNickel

@cjasonmaier @RoKhanna I enjoyed the conversation on stage at @TheBitcoinConf! You book “A Progressive's Case for Bitcoin” is a great starting point for those learning about digital assets and how #Bitcoin helps poor and marginalized communities. #Bitcoin2024

2024-07-27T16:24:31.000Z · via Twitter

Wiley Nickel

@WileyNickel

@EleanorTerrett @TheBitcoinConf @VivekGRamaswamy Vivek Ramaswamy is a total buffoon. But even a broken clock is right two times a day. 20% of registered voters own crypto and I think we’ll have over a million single-issue #crypto voters as we head to the polls in November. #Bitcoin2024

2024-07-27T02:57:09.000Z · via Twitter

Wiley Nickel

@WileyNickel

Tune in to @CNN tonight as I join @thelauracoates from Nashville (here for #Bitcoin2024) to talk about @KamalaHarris’ choice for Vice President! Spoiler alert: As a North Carolinian I may be a little biased. pic.twitter.com/8cKGw2Dne8

2024-07-27T02:06:02.000Z · via Twitter

Wiley Nickel

@WileyNickel

I’m heading to Nashville on Saturday for @TheBitcoinConf, the world’s largest #Bitcoin conference. I’ll be speaking from the same stage where Trump will be speaking/pandering later in the day and making the case to keep #Web3 and blockchain innovation a bipartisan issue.

2024-07-25T22:25:49.000Z · via Twitter

Wiley Nickel

@WileyNickel

@EleanorTerrett Great to meet you too! In DC we call you “the other Eleanor” since @Eleanor_Mueller also covers #crypto. Hoping you both can connect some time!

2024-06-14T13:39:53.000Z · via Twitter

Wiley Nickel

@WileyNickel

.@mcuban: Yesterday we sent a strong message that this is a bipartisan issue with the first ever vote #crypto regulation. With 71 Democrats (including Speaker Pelosi) voting for passage of #FIT21 we sent a clear message to the White House and Senate about the future of #Web3. x.com/mcuban/status/…

2024-05-23T15:43:38.000Z · via Twitter

Wiley Nickel

@WileyNickel

This was a big win for our efforts to depoliticize the issue. Whether you love #crypto or hate crypto you should support regulation that will protect consumers and keep innovation in the US. The bipartisan vote score sends a strong message to the Senate. morningstar.com/news/marketwat…

2024-05-23T12:07:14.000Z · via Twitter

Wiley Nickel

@WileyNickel

As one example of our efforts to make improvements to the bill, @pettersen4co worked on an amendment that passed by voice vote on the floor yesterday. Her amendment expanded the Bank Secrecy Act to include digital asset entities under the definition of a “financial institution,” making a good improvement to the bill.

2024-05-23T12:07:13.000Z · via Twitter

Wiley Nickel

@WileyNickel

There are significant regulatory gaps between the SEC and CFTC that the bill aims to fix. It’s clear that SEC Chair Gary Gensler’s regulation by enforcement is not working. His open hostility to #crypto is far out of step with other regulators in the Biden Administration.

2024-05-23T12:07:13.000Z · via Twitter

politico.com/news/2024/05/2…

Wiley Nickel

@WileyNickel

Yesterday’s vote on my #FIT21 bill was a huge win for bipartisan governance. The first time Congress has ever voted on a regulatory structure for crypto, sending a strong message that Web3 and blockchain technology is not going to be a partisan issue.

2024-05-23T12:07:12.000Z · via Twitter

Somewhat Anti-Crypto

Voted against a bill on May 23rd, 2024

Bill Name

CBDC Anti-Surveillance State Act

Details

To amend the Federal Reserve Act to prohibit the Federal Reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.

Wiley Nickel

@WileyNickel

@BrendanPedersen A big win for our efforts to avoid making digital assets a partisan political football. I’m going to keep working in a bipartisan way to pass legislation to protect consumers and provide meaningful regulation for the industry.

2024-05-22T16:28:15.000Z · via Twitter

Wiley Nickel

@WileyNickel

Gary Gensler is right about one thing: our securities laws are 90 years old! It’s no wonder that laws designed before the advent of the Internet need to be updated. #FIT21 is a bipartisan bill that will protect consumers and provide long overdue regulation for crypto markets. x.com/brendanpederse…

2024-05-22T13:15:39.000Z · via Twitter

newsweek.com/avoid-danger-u…

Wiley Nickel

@WileyNickel

Former Congressman @TimRyan has it right! The US has the opportunity to lean in and lead on blockchain technology. Congress can act this week to lay out clear rules of the road to ensure #crypto is a safe and innovative industry. A great op-ed below

2024-05-20T16:35:57.000Z · via Twitter

Wiley Nickel

@WileyNickel

This is about @SECGov Chair Gary Gensler and his open hostility towards #crypto and digital assets. I’m glad to join @chuckschumer, @CoryBooker, @gillibrandny + 9 other Senate Dems on this. Gensler is putting Biden in a terrible position and could easily withdraw/rework #SAB121 x.com/politico/statu…

2024-05-19T14:56:44.000Z · via Twitter

Wiley Nickel

@WileyNickel

Thanks so much @RoKhanna for your support of our bipartisan #FIT21 bill. Whether you love #crypto or hate it we should support needed regulation for the industry, keeping innovation in the United States for next generation of #Blockchain and #Web3. x.com/rokhanna/statu…

2024-05-12T20:29:16.000Z · via Twitter

Wiley Nickel

@WileyNickel

Many crypto owners are single issue voters and we risk losing them in this presidential election. Whether you love crypto or hate #crypto you should support regulation for the industry to protect consumers. In 2 weeks we’ll have a congressional vote on major legislation and the number of Democrats supportive of this issue will matter.

2024-05-11T16:07:09.000Z · via Twitter

Wiley Nickel

@WileyNickel

Democrats cannot hand this issue to Trump and Congressional Republicans. 19% of registered voters say they’ve bought #crypto. This is not a niche subgroup. @politico covers my work to make digital assets/#Bitcoin a bipartisan issue. politico.com/news/2024/05/1…

2024-05-11T16:07:08.000Z · via Twitter

Wiley Nickel

@WileyNickel

@CaitlinLong_ We’ll see a larger group of Democrats supporting digital assets for future votes. A CRA is tough for Dems when it’s a Dem administration. We’ll see larger numbers for future votes in this Congress. As Dems we should support regulation for #crypto to promote innovation in the US.

2024-05-09T20:18:48.000Z · via Twitter

Wiley Nickel

@WileyNickel

@AlexanderGrieve As the Democratic lead for the SAB 121 CRA I can confirm there’s a larger group of House Democrats in support of regulating/supporting crypto innovation. It’s not easy for Dems to oppose a Democratic administration - though many privately agreed the SEC was wrong on this.

2024-05-09T20:14:06.000Z · via Twitter

Wiley Nickel

@WileyNickel

Well regulated US banks should be able to take custody of #Bitcoin and other digital assets for @SECGov approved crypto ETFs. Having one non-bank taking custody of all of these assets poses a serious concentration of risk problem.

2024-05-09T18:45:18.000Z · via Twitter

Wiley Nickel

@WileyNickel

As the Democratic lead on this bill I’m going to continue pushing for needed regulation for the industry and consumer protections so we can keep this important innovation for #Crypto and #Blockchain in the United States. Well regulated US banks should be able to take custody of #Bitcoin.

2024-05-09T18:42:01.000Z · via Twitter

Wiley Nickel

@WileyNickel

We cannot hand this issue to the Republicans. Digital assets shouldn’t be a partisan issue. I’m going to continue working in a bipartisan way to support Web3 so that we can protect American consumers and keep #blockchain and #crypto innovation in the United States. x.com/eleanorterrett…

2024-05-09T16:52:29.000Z · via Twitter

Cosponsored a bill on Feb 1st, 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.

Wiley Nickel

@WileyNickel

“Gensler says SEC’s X account ‘compromised,’ denies bitcoin product approved.” politico.com/news/2024/01/0…

2024-01-10T10:42:23.000Z · via Twitter

Wiley Nickel

@WileyNickel

“Gensler says SEC’s X account ‘compromised,’ denies bitcoin product approved.” politico.com/news/2024/01/0…

2024-01-10T10:42:07.000Z · via Twitter

Wiley Nickel

@WileyNickel

Or maybe not… $BTC x.com/SECGov/status/…

2024-01-09T23:39:10.000Z · via Twitter

Cosponsored a bill on Oct 17th, 2023

Bill Name

FIT21

Details

Financial Innovation and Technology for the 21st Century Act

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.