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

Profile picture of William Timmons IV
William Timmons IV
@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 ix.com/i/web/status/1…cx.com/EleanorTerrett…rocess 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.
· via Twitter
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Very Pro-Crypto

Profile picture of William Timmons IV
William Timmons IV
@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. Fx.com/i/web/status/1… 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.
· via Twitter
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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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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

Profile picture of William Timmons IV
William Timmons IV
@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.
· via Twitter
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