profile picture of Jack Reed

Jack Reed

Democratic Senator from Rhode Island

Notable statements

profile picture of Jack Reed

Jack Reed

@SenJackReed

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If foreign banks or foreign crypto firms knowingly do business w/ terrorists, they should lose access to the U.S. financial system. Our new bipartisan bill gives @USTreasury tools to protect our nat’l & economic security from new & emerging threats from terrorist orgs. twitter.com/markwarner/sta…
Very anti-crypto
profile picture of Jack Reed

Jack Reed

@SenJackReed

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Crypto ATM & decentralized finance (DeFi) services are being used as tools by money launderers & sanction evaders. To reduce nat’l & economic security risks, I’m joining colleagues to intro CANSEE Act to bolster @USTreasury authorities & protect financial system integrity. pic.twitter.com/DduQRqvd5u
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Very anti-crypto
profile picture of Jack Reed

Jack Reed

@SenJackReed

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.@USTreasury is sanctioning Russia-based crypto platforms that are hotbeds of illicit activity & facilitate sales of ransomware, drugs, stolen credit cards, etc. & let cybercriminals hide their tracks. This is a critical step to prevent crypto from undermining nat'l security.
Very anti-crypto
profile picture of Jack Reed

Jack Reed

@SenJackReed

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Russia is looking at alternative assets, including crypto, to evade sanctions. Blockchain transparency doesn’t provide enough deterrence. The Digital Asset Sanctions Compliance Enhancement Act is needed to strengthen our sanctions on Putin & his enablers. cnbc.com/2022/03/24/rus…
Very anti-crypto
Somewhat anti-crypto