Colin Allred

Colin Allred completed the Stand With Crypto Questionnaire and strongly advocates for comprehensive legislative frameworks that provide clear pathways for digital asset businesses, protect self-custody rights, and define when a digital asset is a security or commodity. He supports initiatives like the CLARITY Act and FIT21, believing the federal government should foster blockchain innovation without stifling it, to ensure American competitiveness in this sector.

Rep. Colin Allred, along with several members of Congress and candidates, urged the Democratic National Committee and prospective presidential candidates to endorse pro-crypto policies. They emphasized the importance of adopting a forward-looking approach to digital assets and blockchain technology, highlighting its potential for American innovation, economic growth, and financial inclusion. Their requests include:

1. Including pro-digital asset language in the party platform.
2. Selecting a Vice-Presidential candidate knowledgeable in digital asset policy.
3. Choosing a pro-innovation SEC Chair.
4. Engaging with industry experts for informed policy-making.

In the months before their brutal terrorist attack on Israel, Hamas raised millions in cryptocurrency to fund their operations.

I joined my colleagues in asking the Admin for clear steps we can take to curb illicit crypto transactions and stop terrorists from evading sanctions.