Based on previous comments, Bill Hagerty has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Bill Hagerty has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Grateful to join Comissioner Stuart McWhorter to announce Tennessee’s commitment to: (1) fostering free and open source software development and (2) making our state Sovereign Valley when it comes to freedom tech. #BitcoinNashville2024pic.twitter.com/MTm6ubUjz4
While I am glad to see this finally happen, these approvals are long overdue, and should never have taken so long. Gary Gensler and the SEC have proven to be nothing short of hostile toward the crypto industry, at the expense of American competitiveness. x.com/coindesk/statu…
It’s official: Democrats are hellbent on crushing crypto.
The promise of decentralization threatens their control.
We need to build a future for crypto in America, and we’ll need new political leadership to do it. x.com/bitcoinmagazin…
This vote will reveal your elected officials’ true stance on crypto.
The last vote was pre-determined given Biden’s veto threat - this time it is live.
Pro-innovation Republicans have made our stance clear—will Democrats have the courage to join us? theblock.co/post/303779/us…
.@GaryGensler’s failure to provide clear rules of the road for crypto is pushing the industry overseas. Crypto innovation creates jobs, drives technological progress, and spurs economic growth—it should be happening here in America. pic.twitter.com/Kq9IspnKiJ
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.
Earlier this year, I joined @JDVance1 and my colleagues in calling out the SEC’s abuse of power. While this news is an encouraging first step, much more must be done to restore the SEC's accountability and ensure it drops its groundless hostility to crypto innovation. pic.twitter.com/AAsO7UKTMzx.com/business/statu…
The @SECGov is not above the law, and today’s decision reinforces this fact. These sanctions ought to remind the agency that there are consequences when it abuses its power to target crypto and blockchain innovation. x.com/eleanorterrett…
Government bureaucrats have been far too willing to exploit the financial system to advance political agendas & target Americans. I joined @SenTedCruz in introducing legislation to halt efforts by the Biden Admin to issue a CBDC, which would violate Americans’ privacy & rights. x.com/SenTedCruz/sta…
The federal govt should partner with private industry to combat bad actors—including in the crypto space. My bill w/ @SenLummis would help law enforcement agencies leverage their existing authorities to better identify violations w/out stifling innovation. hagerty.senate.gov/press-releases…
This milestone ought to be a turning point for @SECGov—it must end its excessive hostility toward cryptocurrency and refocus on its mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. (2/2)
Today's long overdue approval of spot Bitcoin ETFs strengthens U.S. leadership in financial innovation. This not only takes a step toward greater regulatory clarity for crypto, but also opens the door for more Americans to become involved in this cutting-edge technology. (1/2) twitter.com/markets/status…
I can understand why large banks are opposed to cryptocurrencies – the technology has the potential to disrupt much of the traditional banking model. This is not a fight for DC to pick sides on. We need to regulate with a light touch that doesn’t kill innovation in the US. pic.twitter.com/CMiZRG6iL1
WATCH: Hagerty Calls out Dems for Using Crypto Industry to Distract from Biden Admin's Lax Sanctions Enforcement Funding Iran-Back Hamas pic.twitter.com/IOr7k7x1rs
The SEC is essentially executing Operation Choke Point 2.0. This time, the targeted industry is the cryptocurrency industry, & it’s creating tremendous uncertainty. pic.twitter.com/Bu3gqlvx3t
.@GaryGensler is creating a terrible environment for those crypto companies who are trying to invest and expand, it's forcing them to look overseas to more favorable regulatory environments.
That's not where we need to be right now.
finance.yahoo.com/news/sec-gensl…
Glad to see Michael Barr agree: the Fed cannot issue a CBDC without explicit authorization from Congress.
I will fight against any effort to create a central bank digital currency—both here in Congress and in the Executive Branch. coindesk.com/policy/2023/09…
Enjoyed visiting with the team at GRIID & seeing their Maynardville operation. As one of the leading Bitcoin mining businesses in the US, I am pleased to see their success in TN.
They’re helping provide stability to our power grid & are providing good jobs in rural communities. pic.twitter.com/AnChQeNWHo
The US govt needs to provide clarity for digital asset innovation to occur here in the US, which is the opposite of what the Biden Admin is doing. Hopefully this marks a turning point for crypto & makes the @SECGov think twice before bringing new lawsuits.
ccn.com/news/us-senato…
Make no mistake, the SEC's attempts to undermine the digital asset industry is a deliberate move–Gary Gensler has made it clear that he wants to see private cryptocurrencies fail to make way for a CBDC. pic.twitter.com/jw2OVgXgtO
Coinbase CEO Brian Armstrong should fight the SEC's lawsuits. It's evident that the Biden Admin is trying to kill crypto and push digital innovation offshore, leaving us way behind–despite the great innovators we have in America. pic.twitter.com/6KWhS7rqnI
.@GaryGensler is finally saying the quiet part out loud: the Biden Admin wants to kill market innovation to pave the way for a CBDC, which would give the federal gov. unprecedented insight into your life.
I will fight to make sure this doesn’t happen. cnbc.com/2023/06/06/sec…
.@RepFrenchHill & I sent a letter to SEC chairman @GaryGensler raising concerns about the SEC’s Investor Advisory Committee’s April 6 Letter on Digital Assets that violates Committee procedures.
Our letter:
hhagerty.senate.gov/press-releases…https://t.co/BEpRwf7nTd
Through Operation Chokepoint 2.0, the Administration’s attack on the crypto industry only benefits companies like Binance, and will ultimately expand the CCP’s role in driving global innovation.
Since December, I have voiced concerns about Binance’s ties to China & the CCP. Today’s report on their workforce in Shanghai raises yet another red flag about their operations both here in America & globally—and the influence of the CCP in crypto markets. bloomberg.com/news/articles/…
As the Biden Admin undermines our crypto industry, other nations are accelerating efforts to fill the void. The U.S. cannot afford to cede this leadership; however, with initiatives like Operation Chokepoint 2.0, nations like Hong Kong—with the CCP’s support—will do just that.
Last week, Hong Kong hosted its 2023 Digital Economy Summit putting on full display their intent to embrace blockchain.
This event was attended by CCP officials who publicly endorsed Hong Kong’s bid to become a crypto hub through state-backed and private sector investments.
The uncertainty created by the Biden Administration’s hostility to crypto has only benefited companies like Binance and prevented American champions from emerging.
Crypto, like other innovative technologies, deserves regulatory clarity & common sense regulation to ensure that it flourishes here safely. youtube.com/watch?v=9N-KLJ…
I’m hearing examples of companies in the crypto space being debanked by US banks who are caving to political pressure from the left.
If Operation Choke Point taught us anything, it’s that under no circumstances should banks be used as partisan tools to kill legal businesses.
While Senate Dems & financial regulators push to sever crypto assets from our banking system, the CCP is seeking to dominate blockchain.
Lawmakers must come together to enact legislation that will empower US firms to compete globally and advance American interests. twitter.com/CoinDesk/statu…
Regulators singling out business activities should alarm all Americans.
It doesn’t matter if it’s cryptoassets, firearms, or any other lawful business, using banking regulators to advance political agendas should not be tolerated.
blockworks.co/news/crypto-po…
The lack of regulatory clarity for digital assets presents entrepreneurs and businesses with a choice: navigate the significant regulatory ambiguity in the U.S., or move overseas. My legislation provides clarity & certainty for U.S. traders & keeps businesses here at home.
Lack of regulatory clarity for digital
assets discourages investment & job creation in America & jeopardizes U.S. leadership in this transformational technology. Pleased to introduce legislation to provide digital asset intermediaries much-needed certainty.hagerty.senate.gov/press-releases…
This week, I joined @SenLummis and @PatrickMcHenry in urging the EPA to fully study the potential environmental impacts of digital asset mining, including beneficial uses, before considering environmental regulation. Our letter to EPA Administrator Michael Regan https://t.co/4wZCitBUmZ
SEC's Bulletin 121 establishes regulation disguised as guidance, evading requirements under the Administrative Procedure Act designed to ensure transparency & allow input from those affected by rulemaking. I'm pushing back on this back-door attempt to restrain the crypto market. pic.twitter.com/JbiLiDUATh
Unlike Democrats, we understand the difference between reserve backed and algorithmic stablecoins. Regulation in this space must be well-tailored to address risks, not an attempt to kill an entire industry.
theblockcrypto.com/post/146187/un…
Those in the cryptocurrency marketplace are navigating significant ambiguity. I've introduced a bill to provide clarity w/o giving the keys away to unaccountable bureaucrats who threaten to choke off innovation. Pleased to have @RepTrey's partnership in this common-sense effort. pic.twitter.com/tuPZ42ijpr
This is exactly the type of government over-regulation that will stifle growth and innovation in the crypto space where America is leading. twitter.com/jerrybrito/sta…
Glad to see that the banking regulators are looking to act quickly & in coordination to provide much-needed clarity on digital assets, but we must not over-regulate a developing industry that America is poised to lead. twitter.com/FDICgov/status…
Digital ledger technology offers a tremendous amount of promise in terms of financial innovation & inclusion. It’s an industry where I’d like to see the US continue to lead. I urged CFPB Director @chopracfpb not to use his agency's power to stifle innovation in the #crypto space. pic.twitter.com/V54V8PZJsw
With digital assets and cryptocurrencies, I agree that we need to protect American security without crushing innovation. foreignaffairs.com/guest-pass/red…