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What politicians in VA are saying

Keep up with recent tweets about crypto from politicians in Virginia.

profile picture of Mark Warner

Mark Warner

@MarkWarner

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RT @SenJackReed: We can’t let Putin & his cronies use crypto to evade sanctions. Joined @SenWarren @MarkWarner @SenSherrodBrown in urging U…
Very anti-crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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This is an important EO from the Biden admin at a critical time – I look forward to working alongside the administration further as they continue to develop a clear federal strategy for crypto that prioritizes competition and economic security. cnbc.com/2022/03/09/her…
Somewhat pro-crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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Second, it’s well-understood that if you pay for something in more than $10,000 cash, there’s a reporting requirement. The bill made clear that this applies to crypto, too, as Treasury had proposed. Even @BlockchainAssn claimed this was common sense bloomberg.com/news/articles/…
Somewhat anti-crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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The tax gap is especially pronounced in two areas: 1) Cryptocurrency exchanges (some of which openly advertise non-compliance) and custodial wallets, and 2) Businesses that receive cryptocurrency as payment but don’t report it.
Very anti-crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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They’ve made clear the scope of these provisions is limited – and said repeatedly to Senators that it would not capture miners in proof of work contexts, nor validators in proof of stake contexts. Nor would it capture devs simply contributing code to cryptocurrency projects. pic.x.com/lpqg1BKrGA
Somewhat pro-crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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First, we need to acknowledge that the innovation and excitement surrounding digital assets has at times obscured some real problems – perhaps none greater than the tax evasion and non-compliance we have continued to see. cnbc.com/2021/05/31/cry…
Somewhat anti-crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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Continued my advocacy on this issue this morning by directly asking Fed Chair Powell about it – we must make sure that Russians are not using crypto to evade the sanctions the U.S. and our global allies have imposed. buzzfeednews.com/article/sarahe…
Neutral on crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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Some have misinterpreted previous language I had offered to favor proof of work cryptocurrencies – the intent was anything but: to reiterate, all the drafters have repeatedly emphasized they do *not* see validators under any consensus mechanism as subject to compliance.
Somewhat pro-crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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After concerning reports that Hamas and other terrorist groups may be raising money in cryptocurrency, I’m joining with my colleagues to push the Biden admin to take steps to limit crypto’s use in financing terrorism.
Very anti-crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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For over a week, the Administration has reiterated to all Senators involved that the scope of these rules would not extend to parts of the crypto ecosystem where entities wouldn’t in their normal course of business be able to collect the relevant information for tax reporting.
Somewhat pro-crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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To be fair, obscure provisions of tax law aren’t something most Americans have a passing familiarity with. And in an area as complex and fast-moving as digital assets – it benefits all of us to be clear and get things right.
Somewhat pro-crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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First, we’re seeing decentralized exchanges openly advertise their non-compliance w/ regulatory and tax rules – that’s something that we seek to address in this legislation by making clear that, notwithstanding their claims, they’re still subject to compliance.
Very anti-crypto
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Mark Warner

@MarkWarner

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We need to make sure Russia isn’t using crypto to evade sanctions – that’s why I’ve introduced a law to close loopholes and make sure our sanctions keep working. We’re making a real impact on the Russian economy, but we have to keep pushing.
Neutral on crypto
profile picture of Mark Warner

Mark Warner

@MarkWarner

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As @FACTcoalition has emphasized, that clarification from my colleagues was not necessary – and would have hastily and over-broadly carved out DeFi exchanges and custodians, even when they *are* in a position to collect this compliance information. thefactcoalition.org/congress-shoul…
Very anti-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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As the digital asset market continues to grow, it’s important that we close the regulatory gaps that leave consumers and our financial system vulnerable to fraud and manipulation. As @SecYellen says – government’s role is to support responsible innovation. x.com/USTreasury/sta…
Somewhat anti-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @openmarkets: Want to know what a rug pull is when it comes to cryptocurrency? @alexisgoldstein just explained at the @JECDems hearing,…
Neutral on crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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–and international competitiveness in the digital asset marketplace. It provides a path forward to mitigate the risks that these assets pose to everyday investors and our collective financial stability, while also harnessing the benefits of future technological innovation.
Somewhat pro-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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Last week we held a @JECDems hearing on cryptocurrencies and digital assets. In case you missed it, my opening remarks: "Congress can promote responsible innovation in this market while also providing basic protections to the investing public." pic.x.com/3qEGa2RqfM
Somewhat pro-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @JECDems: Chairman @RepDonBeyer on cryptocurrencies and digital assets: "Congress can promote responsible innovation in this market whil…
Somewhat pro-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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Nor does it directly address stablecoins or their role in linking traditional and decentralized finance. This underscores the need for Congress to act promptly to properly regulate these assets—as last year’s President’s Working Group on Financial Markets report recommended.
Somewhat anti-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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Was thrilled to be invited to speak at Goodwin House’s “Saturday Morning Live“ (SML) in Alexandria, where questions and discussion covered AI, grid resiliency, crypto regulation, and other important topics. Thanks for having me! pic.x.com/oLACPyppsM
Neutral on crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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This order recognizes the need for analysis of how digital assets affect consumers and the broader economy, and takes vital steps to crack down on illicit finance and address national security risks. It empowers the US government to establish leadership– x.com/WhiteHouse/sta…
Somewhat anti-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @JECDems: .@RepDonBeyer: “The lack of disclosure & reporting requirements in many parts of the crypto asset industry tilt the playing fi…
Very anti-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @RepDonBeyer: One of the biggest crypto thefts yet, underscoring the enormous need for consumer protection in the area of digital assets…
Somewhat anti-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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My Digital Asset Market Structure and Investor Protection Act would address those issues, and complement the goals of the Executive Order. beyer.house.gov/news/documents… I will work with the Administration and my colleagues to advance a regulatory approach in line with this directive.
Somewhat pro-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @JECDems: THIS WEEK: This upcoming Wednesday at 2:30PM the JEC will hold a hearing titled “#DemystifyingCrypto: Digital Assets and the…
Neutral on crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @JECDems: "Congress must pass legislation to regulate cryptocurrencies before their rapid growth and popularity pose dangers to investor…
Very anti-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @PattyMurray: While he chokes off cancer research and fires VA researchers, the President is using your taxpayer dollars to buy crypto a…
Very anti-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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Fraud and market manipulation in the digital asset market highlight the need for new oversight to close regulatory gaps that leave consumers and our financial system vulnerable. @POTUS' Executive Order is a key first step to align the federal government’s approach in this area. x.com/JECDems/status…
Somewhat anti-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @JECDems: Policymakers have not yet weighed in on a comprehensive legal framework around digital assets. That’s why Chairman @RepDonBeye…
Somewhat pro-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @JECDems: One year ago, the @JECDems held a hearing on #DemystifyingCrypto and the risks to consumers and our broader economy. A year l…
Very anti-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @JECDems: .@alexisgoldstein explains what Congress and regulators can do to provide a regulatory framework for digital assets #Demysti…
Neutral on crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @protocol: 🔴 LIVE NOW: Crypto Regulation: from buyer beware to federal oversight Join @benpimentel for a chat with @BlockchainAssn’s @K…
Neutral on crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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RT @JECDems: Chairman @RepDonBeyer: "I commend Chair @RepMaxineWaters and @FSCDems for their work on digital assets to explore legislative…
Somewhat pro-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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Digital assets are here to stay, but Congress' failure to create a legal framework for them has left many vulnerable to fraud, theft, and manipulation. I just introduced a bill to incorporate digital assets like Bitcoin into financial regulatory structures beyer.house.gov/news/documents…
Somewhat pro-crypto
profile picture of Don Beyer Jr.

Don Beyer Jr.

@RepDonBeyer

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While this order correctly takes a broad approach that covers many of the important policy concerns around digital assets, the order *does not* clearly delineate regulatory responsibility between the SEC and the CFTC.
Somewhat pro-crypto
profile picture of Morgan Griffith

Morgan Griffith

@RepMGriffith

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Cryptocurrency is emerging as a valuable technology in today’s economy. It is important for policymakers to be aware of the potential benefits to our local economy & the demands on local infrastructure. I would like to thank Manifold Mining of New Castle for hosting me. pic.x.com/8NbZzBwBnm
Very pro-crypto
profile picture of Bob Good

Bob Good

@RepBobGood

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RT @RonDeSantis: Like clockwork. Central Bank Digital Currency (CBDC) being touted at the World Economic Forum in Davos. CBDC would give…
Very pro-crypto
profile picture of Bob Good

Bob Good

@RepBobGood

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RT @RepKeithSelf: 🚨BREAKING: I have submitted an amendment to add a Central Bank Digital Currency (CBDC) ban to the National Defense Author…
Very pro-crypto
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Bob Good

@RepBobGood

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Sen. Warren wants to use the same heavy handed regulatory approach to damage Crypto like our community banks have suffered from because she pushed to establish the unaccountable CFPB. x.com/SenWarren/stat…
Very pro-crypto
profile picture of Rob Wittman

Rob Wittman

@RobWittman

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Central bank digital currency is a digital, government-controlled, programmable currency that could give the federal government the ability to monitor and restrict American’s financial transactions. Today, I voted YES on the CBDC Anti-Surveillance State Act to protect the fx.com/i/web/status/1… Americans.
Somewhat pro-crypto
profile picture of Darius Mayfield

Darius Mayfield

@MrMayfieldUSA

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RT @TheBullishTradR: Set reminders my dirty jerzians and crypto bros and gals! If you’re in crypto you’re in politics you just don’t know…
Very pro-crypto
profile picture of Darius Mayfield

Darius Mayfield

@MrMayfieldUSA

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JOIN US TONIGHT at 5pm EST for a conversation with @laraleatrump X @frenchmontana I'll be joining the conversation to talk about crypto and the state of politics in America. Follow the link to join... x.com/TRUMPCASH47/st… It's time to retire the past and elect leaders ready to put Americans and #AmericaFirst 🇺🇸 A vote for Darius is a vote for America and common sense. Dariusmayfieldforamerica.comW #Crypto #Politics #BeAmerican #OurTimeToRun #BeingTheChangeWeWantToSee #NotBlackNotWhiteAmerican #DariusMayfieldForAmerica @FrencHMonTanA @LaraLeaTrump
Very pro-crypto
profile picture of Darius Mayfield

Darius Mayfield

@MrMayfieldUSA

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Trump is President-elect for two days: - Stock market hits record high - Migrant caravan at our border dissolves - Hamas calls for end to war - Bitcoin hits record high - Putin ready to end Ukraine war - Qatar kicks out Hamas leaders - EU will buy U.S. gas not Russian gas - Px.com/i/web/status/1….S. dollars - Zelenskyy phones Trump & Elon - NYC Mayor ends vouchers for illegals I remember they said NONE of this would happen. 🤦🏿‍♂️ Thank God more than half the country understood reality and not the propaganda. Stop making fun of people and acting as if your life is ending and the worst is to come. Go on about your life and reap the rewards of the decision AMERICA got right! 🇺🇸
Very pro-crypto
profile picture of Darius Mayfield

Darius Mayfield

@MrMayfieldUSA

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FTX, the crypto ponzi scheme, was the 2nd largest donor of the 2020 Biden campaign and the 5th largest donor of Democrats in the midterm elections. How fitting! #VoteDemOut 🇺🇸
Very anti-crypto
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Ben Cline

@RepBenCline

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.@HouseGOP just passed the Anti-CBDC Surveillance State Act. This commonsense bill blocks the Federal Reserve from issuing a central bank digital currency without Congress—protecting your financial privacy and stopping unelected bureaucrats from imposing a CCP-style surveillance tool.
Very pro-crypto
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Ben Cline

@RepBenCline

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Given how close the Democrats and the Biden admin were with Sam Bankman-Fried, I wonder why they are now bashing crypto and doing a full 180 from their position last year? The CFTC Chair couldn’t even defend this flip-flop. pic.x.com/UisUKrN1ZY
Very pro-crypto

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