Darren Soto

Democrat Congressperson from Florida, 9

Notable statements

Darren Soto

@RepDarrenSoto

This week, the Ag Committee passed the Financial Innovation and Technology for the 21st Century Act. This bill addresses regulatory gaps and ensures that consumers are protected in the digital asset markets. I look forward to our continued dialogue on these issues. pic.twitter.com/lqGlNIoLl5

@RepDarrenSoto Jul 28, 2023 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

Statement on Bipartisan March 16, 2022 Letter to SEC Rep Soto believes a federal investigation into FTX is more than warranted due to alleged misappropriation. Soto condemns theft of consumer money by any industry, including cryptocurrencies. The SEC should act. pic.twitter.com/RP8TY67Mvb

@RepDarrenSoto Nov 26, 2022 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

The focus of the bipartisan March 16, 2022 letter was on the cryptocurrency industry as a whole. It was approved by Financial Services Committee Oversight legal staff. The letter sought clarity on SEC positions regarding its document request authority for crypto firms in general.

@RepDarrenSoto Nov 26, 2022 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

Clarity was needed since there is some debate whether agency jurisdiction over cryptocurrency has been fully established by law. The letter was well within Congress’ oversight duties.

@RepDarrenSoto Nov 26, 2022 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

As Co-Chair of the #BlockchainCaucus, Soto will continue to review this investigation to assist in crafting future pro-consumer cryptocurrency policy in Congress.

@RepDarrenSoto Nov 26, 2022 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

Rep Soto was one of the first voices in Congress to call for greater regulation of cryptocurrency to protect consumers. He filed & co-introduced Digital Taxonomy Act & Token Taxonomy Act in 2018. He passed parts of DTA out of the House this term to advance these efforts.

@RepDarrenSoto Nov 26, 2022 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

ICYMI: Our amendment — which passed with the #CHIPSact last week — will ensure @POTUS is well informed on crypto & blockchain issues. With this new cryptocurrencies advisory specialist, the White House will prioritize these important emerging tech sectors! forbes.com/sites/jasonbre…

@RepDarrenSoto Aug 3, 2022 on X

Very pro-crypto

Digital Commodity Exchange Act of 2022

Cosponsored

This bill allows for the regulation and registration of digital commodity exchanges subject to oversight by the Commodity Futures Trading Commission. The bill establishes the conditions for the sale of digital commodities, the registration of exchanges, and sets forth other requirements.

Very pro-crypto

Darren Soto

@RepDarrenSoto

Proud to co-lead a bipartisan letter today to SEC Chair @GaryGensler with @RepTomEmmer, @WarrenDavidson, @RepAuchincloss, @RepDonaldsPress, @RepJoshG, @RepTedBudd, & @RepRitchie regarding the SEC’s overburdensome crypto information seeking process. pic.twitter.com/bsbDBpLtGI

@RepDarrenSoto Mar 16, 2022 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

As #BlockchainCaucus co-chair, I’ve worked for years to develop a #cryptocurrency regulatory framework. This is key to promote innovation & int’l commerce, & protect consumers. Proud that @POTUS Biden’s exec order closely tracks our #DigitalTaxonomyAct. washingtonpost.com/business/2022/…

@RepDarrenSoto Mar 9, 2022 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

The #AmericaCOMPETES Act includes 3 #TeamSoto tech amendments:

Ensures @NEOcityFL is eligible for semiconductor incentive program funds

Directs @USDOL to analyze the future of AI in the U.S. workforce

Establishes a #blockchain + #crypto advisor within the president's officpic.twitter.com/eJPaKFK8LlLl

@RepDarrenSoto Feb 5, 2022 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

We stand united to ensure more tax certainty for #cryptocurrency and work with the IRS on key reforms. Together, we will continue to support innovation and protect consumers. pic.twitter.com/xu1Dj2GAqD

@RepDarrenSoto Nov 16, 2021 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

Joined bipartisan Blockchain Caucus co-chairs @RepTomEmmer, @RepBillFoster and @RepDavid in a letter to our House colleagues raising concerns about #cryptocurrency tax reforms in Bipartisan Senate Infrastructure bill. pic.twitter.com/cq2wynyMEZ

@RepDarrenSoto Aug 9, 2021 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

I joined @RepTedBudd and @RepTomEmmer to support bipartisan senate amendment to fix #cryptocurrency tax reforms in Bipartisan Infrastructure Package. We will continue to push for American #Crypto innovation! pic.twitter.com/bl2Jt40Hjd

@RepDarrenSoto Aug 5, 2021 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

Our #blockchain & #cryptocurrency bills with @RepGuthrie & @WarrenDavidson just passed the House as part of @RepMcNerney’s #ConsumerSafetyTechnologyAct. US must remain on the forefront of emerging technologies by fostering innovation & ensuring consumer protection. pic.twitter.com/vhI3FuVJJG

@RepDarrenSoto Jun 22, 2021 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

Thanks to ⁦@TheJusticeDept⁩ for recovering $2.3M in ⁦@Bitcoin⁩ from criminal cybergroup involved in the crippling #ransomware attack on #ColonialPipeline. We will boost cybersecurity efforts and give these terrorists no quarter! cnbc.com/2021/06/07/us-…

@RepDarrenSoto Jun 8, 2021 on X

Very pro-crypto

Darren Soto

@RepDarrenSoto

RT @ASP: As cryptocurrencies continue to rise in popularity, hear Rep. @WarrenDavidson & @RepDarrenSoto discuss the potential future of gov…

@RepDarrenSoto Jun 6, 2021 on X

Very pro-crypto

Darren Soto

Democrat Congressperson from Florida, 9

Democrat Congressperson from Florida, 9

Strongly supports crypto

Darren Soto has made 17 statements about crypto.

Notable statements

Digital Commodity Exchange Act of 2022