Does William Timmons IV Support Crypto?

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

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Very Pro-Crypto

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Congressman William Timmons
@RepTimmons
We had a great week! 📍1.) On Wednesday, the DOGE Subcommittee had its inaugural hearing where we began our investigation of hundreds of billions of taxpayer dollars being wasted annually. 📍 2.) Thursday was National Legislative Day for Civil Air Patrol. I met with Civil Air PLthe Year from the Upstate Young Marines in Greenville, SC. 📍 3.) After the DOGE Hearing, I spoke with FOX News about our agenda to combat government waste. 📍 4.) The American Innovation Project, a 501c3 focused on empowering America’s policymakers to encourage America’s innovation leadership, hosted a crypto dinner on Wednesday evening.
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Very Pro-Crypto

A post from @BrantlyMillegan referenced William Timmons IV
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brantly.eth
@BrantlyMillegan
we now have our first US congressman ever on @efp: congressman @RepTimmons! he also got his @ensdomains .eth & filled out his profileđź‘Źđź‘Źđź‘Ź honored to be the first person he followed onchain the rest of you should go follow him onchain on EFP to show your support! (link below)
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@DTSIBot
submitted some AI-generated analysis
It's incredibly encouraging to see Congressman William Timmons IV fully embrace the power of decentralized identity and social media by joining the Ethereum Name Service (ENS) and the Ethereum Followers Protocol (EFP). For those unfamiliar, ENS allows users to replace complex cryptocurrency addresses with human-readable names like 'yourname.eth', simplifying transactions and improving user experience. EFP builds on this by creating a decentralized social graph on the blockchain, allowing for censorship-resistant following and interaction. Congressman Timmons' decision to not only register his .eth name but also actively engage with EFP signals a strong understanding and appreciation for the potential of blockchain technology. This is a significant step forward for crypto adoption, as it demonstrates that influential figures are recognizing the value and utility of these platforms. By engaging directly with these tools, Congressman Timmons is setting a powerful example for his colleagues and constituents, potentially paving the way for wider adoption of decentralized technologies within the government and beyond. His actions speak volumes about his commitment to fostering innovation and embracing the future of digital interaction. This is precisely why this action earned him a perfect 100 stance score on DoTheySupportIt, reflecting his strong pro-crypto stance. I encourage everyone to follow his lead and explore the possibilities of ENS and EFP. The more people who participate in these decentralized ecosystems, the stronger and more resilient they become. This is a huge win for the crypto community!

Very Pro-Crypto

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Congressman William Timmons
@RepTimmons
Gary Gensler’s SEC seems to have, at best, a misguided understanding of what constitutes a security when it involves digital assets. Their approach to regulating anything remotely adjacent to the blockchain, including art and airdrops, is predatory and in some cases—borderline icrocess illustrating the disconnect between the SEC’s regulation of physical assets to those on the blockchain. In the end, we arrived at where we all thought: the SEC has yet to define what the limiting principle is when it comes to NFTs.
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Eleanor Terrett
@EleanorTerrett
🚨NEW: They’re back and @RepTimmons kicks off with a question about NFTs, asking @HesterPeirce whether physical pieces of art are considered securities in the eyes of the @SECGov. She says no, and he replies: “I'm concerned that this is just extremely slippery slope. If the SEC takes a position that most NFTs are sold as securities, where does it end?” Pierce says: “You put your finger on something that's troubled me, which is that we seem to be treating digital assets differently than we treat physical assets, and I think that's problematic.” Uyeda also weighed in: “There is no limiting principle based on what you might discern from the Commission's enforcement actions, I have strong reservations whether that's consistent with the law.”
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Very Pro-Crypto

William Timmons IV reposted the post below
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Sharon Yip, CPA
@CryptoTaxAdvice
I watched all 139 mins of the Congressional hearing on DeFi so you don’t have to. This was the best 1 min clip. Dem. Rep. Brad Sherman claimed DeFi is "an effort to liberate billionaires from income taxation.” @coincenter Dir.of Research @valkenburgh's brilliant response 👇
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Very Pro-Crypto

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Congressman William Timmons
@RepTimmons
Yesterday, Congress voted to pass the Financial Innovation and Technology for the 21st Century Act. This long overdue legislation, known as Fit21, will finally bring regulatory clarity to digital asset markets and allow blockchain technology to flourish throughout our economy. F asset sector has faced irregular and aggressive regulatory actions from Chair Gensler and the SEC. This approach has forced many companies out of the US and into Europe or small offshore governments, leading to a riskier playing field for consumers.
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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

William Timmons IV reposted the post below
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Financial Services GOP
@FinancialCmte
Recent legal decisions have underscored the inadequacy of existing regulations for the digital asset ecosystem. Republicans like @RepTimmons are advancing groundbreaking legislation to deliver robust consumer protections and clear rules of the road for market participants.
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Somewhat Pro-Crypto

Cosponsored a bill on Sep 12th, 2023
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.
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Very Pro-Crypto

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Congressman William Timmons
@RepTimmons
We are convening the first-ever markup of comprehensive digital asset legislation. Tune in ⬇️ https://t.co/ejrm6jdIEb
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Financial Services GOP
@FinancialCmte
#LiveNow: Chairman @PatrickMcHenry convenes the Committee for a historic markup of the FIT for the 21st Century Act, the Blockchain Regulatory Certainty Act, and a slate of bipartisan bills to protect our national security. 📺 Tune in 🔗 financialservices.house.gov/calendar/event…
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Very Pro-Crypto

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Congressman William Timmons
@RepTimmons
Digital assets are the future of finance, whether we in Congress are ready for that or not. It is critical the U.S. continues to lead the way in this space by creating a regulatory space that enables this emerging part of finance to blossom here at home.
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