Does Catherine Cortez Masto Support Crypto?

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

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Very Pro-Crypto

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Senator Cortez Masto
@SenCortezMasto
The signing of the GENIUS Act into law today is an important first step toward clarity and security in the growing cryptocurrency industry. But there is still more work to do to protect consumers and our national security, and I will continue working in a bipartisan way to promote innovation while protecting Americans.
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Took stances on a bill between May 20th, 2025 and 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.
Timeline
May 20th, 2025
Very Pro-Crypto
Voted for - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
Jun 12th, 2025
Very Pro-Crypto
Voted for - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
Jun 17th, 2025
Very Pro-Crypto
Voted for - Final Passage Out Of Senate
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Very Pro-Crypto

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Senator Cortez Masto
@SenCortezMasto
We need to do more to regulate cryptocurrencies and support American businesses, consumers, and our national security. If Congress doesn’t act, we risk sidelining ourselves in favor of foreign countries who would gladly take our place in helping shape this growing sector. The GENIUS Act is the first step to ensure stablecoins issued in the United States are not used to scam or defraud people or facilitate illicit finance, while also providing regulatory clarity our domestic industry needs to innovate here at home.
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Very Pro-Crypto

Voted for 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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Neutral on Crypto

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Senator Cortez Masto
@SenCortezMasto
My new bill with @ChuckGrassley gives the Secret Service the tools to investigate criminal organizations using digital assets to evade the law. The Secret Service plays a critical role in combatting financial crime, and our bill will ensure they can continue to keep us safe.
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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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Very Anti-Crypto

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Senator Cortez Masto
@SenCortezMasto
Terrorists like Hamas are using cryptocurrency to raise millions to fund their operations and it has to be stopped. I'm joining a bipartisan group of my colleagues to make sure the Biden Admin. is taking action to stop terror groups from taking advantage of crypto technologies.
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Very Anti-Crypto

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Senator Cortez Masto
@SenCortezMasto
International drug cartels and organized criminals are using digital assets to fund their illegal activities. That's why I'm working on a bipartisan bill to close these loopholes, cut off funding for cartels, and protect Nevada communities.
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KOLO8
@KOLO8
U.S. Senator Catherine Cortez Masto is cosponsoring a bill that would crack down on crypto-money laundering, drug trafficking, and ransomware kolotv.com/2023/09/15/cor…
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Very Anti-Crypto

Cosponsored a bill on Sep 14th, 2023
Bill Name
Digital Asset Anti-Money Laundering Act of 2023
Details
A bill to require the Financial Crimes Enforcement Network to issue guidance on digital assets, and for other purposes.
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