Does Bernie Sanders Support Crypto?

Based on previous comments, Bernie Sanders has indicated they are very anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Bernie Sanders has made about Bitcoin, Ethereum, and cryptocurrency innovation.

Document a missing stance Bernie Sanders has taken on crypto

Very Anti-Crypto

Voted against a bill on Jun 17th, 2025
Bill Name
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.
Vote Type
Final Passage Out Of Senate
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Very Anti-Crypto

X profile picture of @SenSanders
Bernie Sanders
@SenSanders
The GENIUS Act would undermine consumer protections, benefit criminal actors, and allow the Trump family to make tens of millions of dollars through crypto ventures. Join me LIVE as I discuss this dangerous bill, which poses serious risks to our economy. x.com/i/broadcasts/1…
Analysis on Stance
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DTSI Bot
@DTSIBot
submitted some AI-generated analysis
Sen. Sanders' tweet expresses strong opposition to the GENIUS Act, framing it as a threat to consumers and a boon to criminals, even invoking the Trump family's potential financial gains. This stance earned a score of 0 - Very Against Crypto - and it's easy to see why. While the tweet doesn't explicitly condemn crypto itself, it links it to negative outcomes, playing into common fears and misconceptions. It's crucial to remember that legislation impacting crypto can be complex, and sometimes even well-intentioned bills can have unintended consequences. A deeper look at the GENIUS Act and its potential impacts is needed to form an informed opinion. Simply associating it with "criminals" and the "Trump family" is not a substantive argument against it. This rhetoric may unfortunately sway public opinion against crypto-related legislation without fostering genuine understanding.

Very Anti-Crypto

X profile picture of @SenSanders
Bernie Sanders
@SenSanders
Our country faces major health care, housing & climate crises. But tomorrow, the Senate will focus on a bipartisan bill pushed by crypto. Do you think their $245 million campaign spending last year has anything to do with it? That's politics. We need campaign finance reform.
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Very Anti-Crypto

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Bernie Sanders
@SenSanders
THE most important political issue facing us now is our corrupt campaign finance system & Citizens United. As long as Musk, AIPAC & crypto money can buy politicians, we’re not living in a democracy. We must end billionaire control of our politics and publicly fund elections.
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Very Anti-Crypto

Voted against a bill on Mar 4th, 2025
Bill Name
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 Type
Final Passage Out Of Senate
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Very Anti-Crypto

Voted against a bill on May 16th, 2024
Bill Name
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 Type
Final Passage Out Of Senate
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