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Wiley Nickel

Democrat Congressperson from North Carolina, 13

Notable statements

profile picture of Wiley Nickel

Wiley Nickel

@WileyNickel

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@EleanorTerrett Great to meet you too! In DC we call you “the other Eleanor” since @Eleanor_Mueller also covers #crypto. Hoping you both can connect some time!
Very pro-crypto
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Wiley Nickel

@WileyNickel

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.@mcuban: Yesterday we sent a strong message that this is a bipartisan issue with the first ever vote #crypto regulation. With 71 Democrats (including Speaker Pelosi) voting for passage of #FIT21 we sent a clear message to the White House and Senate about the future of #Web3. x.com/mcuban/status/…
Very pro-crypto
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Wiley Nickel

@WileyNickel

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There are significant regulatory gaps between the SEC and CFTC that the bill aims to fix. It’s clear that SEC Chair Gary Gensler’s regulation by enforcement is not working. His open hostility to #crypto is far out of step with other regulators in the Biden Administration. 🧵
Very pro-crypto
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Wiley Nickel

@WileyNickel

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This was a big win for our efforts to depoliticize the issue. Whether you love #crypto or hate crypto you should support regulation that will protect consumers and keep innovation in the US. The bipartisan vote score sends a strong message to the Senate. morningstar.com/news/marketwat…
Very pro-crypto
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Wiley Nickel

@WileyNickel

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Yesterday’s vote on my #FIT21 bill was a huge win for bipartisan governance. The first time Congress has ever voted on a regulatory structure for crypto, sending a strong message that Web3 and blockchain technology is not going to be a partisan issue.🧵 politico.com/news/2024/05/2…
Very pro-crypto
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Wiley Nickel

@WileyNickel

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As one example of our efforts to make improvements to the bill, @pettersen4co worked on an amendment that passed by voice vote on the floor yesterday. Her amendment expanded the Bank Secrecy Act to include digital asset entities under the definition of a “financial institution,”… x.com/i/web/status/1…
Very pro-crypto
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Wiley Nickel

@WileyNickel

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@BrendanPedersen A big win for our efforts to avoid making digital assets a partisan political football. I’m going to keep working in a bipartisan way to pass legislation to protect consumers and provide meaningful regulation for the industry.
Very pro-crypto
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Wiley Nickel

@WileyNickel

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Gary Gensler is right about one thing: our securities laws are 90 years old! It’s no wonder that laws designed before the advent of the Internet need to be updated. #FIT21 is a bipartisan bill that will protect consumers and provide long overdue regulation for crypto markets. x.com/brendanpederse…
Very pro-crypto
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Wiley Nickel

@WileyNickel

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Former Congressman @TimRyan has it right! The US has the opportunity to lean in and lead on blockchain technology. Congress can act this week to lay out clear rules of the road to ensure #crypto is a safe and innovative industry. A great op-ed below 👇 newsweek.com/avoid-danger-u…
Pending Analysis
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Wiley Nickel

@WileyNickel

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This is about @SECGov Chair Gary Gensler and his open hostility towards #crypto and digital assets. I’m glad to join @chuckschumer, @CoryBooker, @gillibrandny + 9 other Senate Dems on this. Gensler is putting Biden in a terrible position and could easily withdraw/rework #SAB121 x.com/politico/statu…
Pending Analysis
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Wiley Nickel

@WileyNickel

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👏👏Thanks so much @RoKhanna for your support of our bipartisan #FIT21 bill. Whether you love #crypto or hate it we should support needed regulation for the industry, keeping innovation in the United States for next generation of #Blockchain and #Web3. x.com/rokhanna/statu…
Very pro-crypto
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Wiley Nickel

@WileyNickel

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Many crypto owners are single issue voters and we risk losing them in this presidential election. Whether you love crypto or hate #crypto you should support regulation for the industry to protect consumers. In 2 weeks we’ll have a congressional vote on major legislation and the… x.com/i/web/status/1…
Pending Analysis
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Wiley Nickel

@WileyNickel

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🚨Democrats cannot hand this issue to Trump and Congressional Republicans. 19% of registered voters say they’ve bought #crypto. This is not a niche subgroup. @politico covers my work to make digital assets/#Bitcoin a bipartisan issue. politico.com/news/2024/05/1…
Pending Analysis
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Wiley Nickel

@WileyNickel

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@AlexanderGrieve As the Democratic lead for the SAB 121 CRA I can confirm there’s a larger group of House Democrats in support of regulating/supporting crypto innovation. It’s not easy for Dems to oppose a Democratic administration - though many privately agreed the SEC was wrong on this.
Very pro-crypto
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Wiley Nickel

@WileyNickel

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@CaitlinLong_ We’ll see a larger group of Democrats supporting digital assets for future votes. A CRA is tough for Dems when it’s a Dem administration. We’ll see larger numbers for future votes in this Congress. As Dems we should support regulation for #crypto to promote innovation in the US.
Very pro-crypto
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Wiley Nickel

@WileyNickel

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@BitcoinNewsCom As the Democratic lead on this bill I’m going to continue pushing for needed regulation for the industry and consumer protections so we can keep this important innovation for #Crypto and #Blockchain in the United States. Well regulated US banks should be able to take custody of… twitter.com/i/web/status/1…
Very pro-crypto
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Wiley Nickel

@WileyNickel

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We cannot hand this issue to the Republicans. Digital assets shouldn’t be a partisan issue. I’m going to continue working in a bipartisan way to support Web3 so that we can protect American consumers and keep #blockchain and #crypto innovation in the United States. x.com/eleanorterrett…
Very pro-crypto
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Wiley Nickel

@WileyNickel

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Well regulated US banks should be able to take custody of #Bitcoin and other digital assets for @SECGov approved crypto ETFs. Having one non-bank taking custody of all of these assets poses a serious concentration of risk problem.
Pending Analysis