DoTheySupportIt grades politicians on crypto from how they vote and what they say. How it works

US Senator from California

Does Adam Schiff Support Crypto?

Democrat

9 votes · 1 sponsorship · 2 statements

Latest · Vote on CLARITY ActVery Anti-Crypto

Crypto grade

Neutral on Crypto

Based on 12 stances

Based on previous comments, Adam Schiff has not indicated whether they are for or against cryptocurrencies. Below you can view the tweets, quotes, and other commentary Adam Schiff has made about crypto.

Document a missing stance

Full record

Took stances on a bill between and

Bill: CLARITY Act
Details: The "Digital Asset Market Clarity Act of 2025," or "CLARITY Act of 2025," establishes a regulatory framework for digital commodities, granting the CFTC exclusive jurisdiction over spot market transactions and related entities like exchanges, brokers, and dealers. It aims to differentiate digital commodities from securities, introduce a "mature blockchain system" concept for regulatory exemptions, and protect individual self-custody rights.

Timeline

Very Anti-Crypto

Voted against - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, CLARITY could not have gotten to a final vote without members voting in favor.

Very Anti-Crypto

Voted against - Vote advancing bill out of Senate Agriculture Committee (Final Passage Out Of Senate Committee)

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Cosponsored a bill on

Bill: A resolution directing the Senate Legal Counsel to bring a civil action in the name of the Senate to enforce the Foreign Emoluments Clause contained in clause 8 of section 9 of article I of the Constitution of the United States.
Details: This resolution directs the Senate Legal Counsel to file a lawsuit against President Donald J. Trump for alleged violations of the Foreign Emoluments Clause. It highlights several business transactions as unauthorized foreign emoluments, including a $500 million foreign investment in the Trump family's cryptocurrency project, World Liberty Financial, a multi-billion dollar stablecoin deal involving Binance, and the sale of $635 million in a $TRUMP memecoin to foreign nationals.

Neutral on CryptoAdd commentary

Took stances on a bill between and

Bill: GENIUS Act
Details: The GENIUS Act of 2025 proposes a regulatory framework for payment stablecoins. It defines permitted issuers (insured depository institutions, their subsidiaries, and approved nonbank entities) and mandates 1:1 reserve backing with specific high-quality assets. The bill outlines federal and state regulatory oversight options, sets requirements for customer asset segregation, and grants stablecoin holders priority in insolvency proceedings. It also clarifies that regulated payment stablecoins are not considered securities or commodities under various acts. The bill designates issuers as financial institutions under the Bank Secrecy Act, requiring compliance with AML, KYC, and sanctions regulations to prevent illicit finance and safeguard national security. It also reinforces U.S. leadership in digital finance by supporting innovation and ensuring the dollar remains competitive in a rapidly evolving global financial landscape.

Timeline

Very Pro-Crypto

Voted for - Final Passage Out Of Senate

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Add commentary

Voted for a bill on

Bill: S.J. Res 3
Details: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
Vote: Final Passage Out Of Senate

Very Pro-CryptoAdd commentary

Voted against a bill on

Bill: CBDC Anti-Surveillance State Act
Details: To amend the Federal Reserve Act to prohibit the Federal Reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.
Vote: Final Passage Out Of House

Somewhat Anti-CryptoAdd commentary

Voted for a bill on

Bill: FIT21
Details: This bill establishes a comprehensive regulatory framework for digital assets, assigning primary jurisdiction over "digital commodities" to the CFTC and "restricted digital assets" to the SEC. It defines key terms like "digital asset," "digital commodity," and "permitted payment stablecoin," and creates a mechanism for digital assets to transition from securities to commodities upon achieving sufficient decentralization. The legislation also outlines registration requirements for various digital asset intermediaries and mandates studies on decentralized finance and non-fungible digital assets.
Vote: Final Passage Out Of House

Very Pro-CryptoAdd commentary

Voted against a bill on

Bill: SAB 121 House Joint Resolution
Details: For congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121". This staff accounting bulletin expresses the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.
Vote: Final Passage Out Of House

Very Anti-CryptoAdd commentary

Quoted from standwithcrypto.org

Adam Schiff completed the Stand With Crypto Questionnaire and demonstrated support for crypto and digital assets. He emphasized the importance of crypto in driving technological innovation, economic growth, and job creation. Adam Schiff supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.

Somewhat Pro-CryptoAdd commentary

Quoted from adamschiff.com

"We need to grow these important industries, and work hard to keep these companies, and the innovation and jobs they bring here in California. California is on the forefront of new developments in technology, from Web3 and quantum computing to cryptocurrency and blockchain technology, as well as biotechnology and climate technology. We need to develop comprehensive regulatory frameworks to ensure that these companies and jobs stay here and grow here, and that the United States remains the global leader in these important new technologies."

Very Pro-CryptoAdd commentary

DoTheySupportIt grades politicians on crypto from how they vote and what they say. How it works

US Senator from California

Does Adam Schiff Support Crypto?

Democrat

9 votes · 1 sponsorship · 2 statements

Latest · Vote on CLARITY ActVery Anti-Crypto

Crypto grade

Neutral on Crypto

Based on 12 stances

Document a missing stance

Full record

Took stances on a bill between and

Bill: CLARITY Act
Details: The "Digital Asset Market Clarity Act of 2025," or "CLARITY Act of 2025," establishes a regulatory framework for digital commodities, granting the CFTC exclusive jurisdiction over spot market transactions and related entities like exchanges, brokers, and dealers. It aims to differentiate digital commodities from securities, introduce a "mature blockchain system" concept for regulatory exemptions, and protect individual self-custody rights.

Timeline

Very Anti-Crypto

Voted against - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, CLARITY could not have gotten to a final vote without members voting in favor.

Very Anti-Crypto

Voted against - Vote advancing bill out of Senate Agriculture Committee (Final Passage Out Of Senate Committee)

Add commentary

Cosponsored a bill on

Bill: A resolution directing the Senate Legal Counsel to bring a civil action in the name of the Senate to enforce the Foreign Emoluments Clause contained in clause 8 of section 9 of article I of the Constitution of the United States.
Details: This resolution directs the Senate Legal Counsel to file a lawsuit against President Donald J. Trump for alleged violations of the Foreign Emoluments Clause. It highlights several business transactions as unauthorized foreign emoluments, including a $500 million foreign investment in the Trump family's cryptocurrency project, World Liberty Financial, a multi-billion dollar stablecoin deal involving Binance, and the sale of $635 million in a $TRUMP memecoin to foreign nationals.

Neutral on CryptoAdd commentary

Took stances on a bill between and

Bill: GENIUS Act
Details: The GENIUS Act of 2025 proposes a regulatory framework for payment stablecoins. It defines permitted issuers (insured depository institutions, their subsidiaries, and approved nonbank entities) and mandates 1:1 reserve backing with specific high-quality assets. The bill outlines federal and state regulatory oversight options, sets requirements for customer asset segregation, and grants stablecoin holders priority in insolvency proceedings. It also clarifies that regulated payment stablecoins are not considered securities or commodities under various acts. The bill designates issuers as financial institutions under the Bank Secrecy Act, requiring compliance with AML, KYC, and sanctions regulations to prevent illicit finance and safeguard national security. It also reinforces U.S. leadership in digital finance by supporting innovation and ensuring the dollar remains competitive in a rapidly evolving global financial landscape.

Timeline

Very Pro-Crypto

Voted for - Final Passage Out Of Senate

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Add commentary

Voted for a bill on

Bill: S.J. Res 3
Details: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
Vote: Final Passage Out Of Senate

Very Pro-CryptoAdd commentary

Voted against a bill on

Bill: CBDC Anti-Surveillance State Act
Details: To amend the Federal Reserve Act to prohibit the Federal Reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.
Vote: Final Passage Out Of House

Somewhat Anti-CryptoAdd commentary

Voted for a bill on

Bill: FIT21
Details: This bill establishes a comprehensive regulatory framework for digital assets, assigning primary jurisdiction over "digital commodities" to the CFTC and "restricted digital assets" to the SEC. It defines key terms like "digital asset," "digital commodity," and "permitted payment stablecoin," and creates a mechanism for digital assets to transition from securities to commodities upon achieving sufficient decentralization. The legislation also outlines registration requirements for various digital asset intermediaries and mandates studies on decentralized finance and non-fungible digital assets.
Vote: Final Passage Out Of House

Very Pro-CryptoAdd commentary

Voted against a bill on

Bill: SAB 121 House Joint Resolution
Details: For congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121". This staff accounting bulletin expresses the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.
Vote: Final Passage Out Of House

Very Anti-CryptoAdd commentary

Quoted from standwithcrypto.org

Adam Schiff completed the Stand With Crypto Questionnaire and demonstrated support for crypto and digital assets. He emphasized the importance of crypto in driving technological innovation, economic growth, and job creation. Adam Schiff supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.

Somewhat Pro-CryptoAdd commentary

Quoted from adamschiff.com

"We need to grow these important industries, and work hard to keep these companies, and the innovation and jobs they bring here in California. California is on the forefront of new developments in technology, from Web3 and quantum computing to cryptocurrency and blockchain technology, as well as biotechnology and climate technology. We need to develop comprehensive regulatory frameworks to ensure that these companies and jobs stay here and grow here, and that the United States remains the global leader in these important new technologies."

Very Pro-CryptoAdd commentary