Does Don Davis Support Crypto?

Quoted from standwithcrypto.org on 2026-03-11

Don Davis completed the Stand With Crypto Questionnaire and expressed strong support for establishing clear legislative and regulatory frameworks for digital assets to foster innovation and protect consumers. He advocates for the right to self-custody digital assets, ending de-banking of crypto businesses, and clarifying when a digital asset is a security or commodity. Don Davis has actively supported legislation such as the Digital Asset Market Clarity Act of 2025, the GENIUS Act for stablecoins, and the Financial Innovation and Technology for the 21st Century Act.

Congressman Don Davis

@RepDonDavis

Jito Labs visited to discuss staking and the exciting advancements in blockchain technology.

2026-01-08T17:22:32.000Z

Congressman Don Davis

@RepDonDavis

We focused on establishing a market structure for digital assets, increasing pay for servicemembers, and advocating for eastern North Carolina this week. Here are the highlights:

2025-07-20T14:47:19.000Z

Voted for a bill on 2025-07-17

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 House

Add your own commentary on this bill

Took stances on a bill between 2025-05-29T00:00:00.000Z and 2025-07-17T00:00:00.000Z

Bill Name

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

2025-05-29

Very Pro-Crypto

Cosponsored

2025-07-17

Very Pro-Crypto

Voted for - Final Passage Out Of House

Congressman Don Davis

@RepDonDavis

My statement on H.R. 3633, Digital Asset Market Clarity Act of 2025:

2025-07-17T19:41:40.000Z

Congressman Don Davis

@RepDonDavis

The CLARITY Act is poised to position the U.S. as the foremost global leader in digital assets. With this legislation, investors and innovators will thrive within a regulatory framework prioritizing consumer protections. It's essential for Congress to pass the CLARITY Act!

2025-07-17T16:26:37.000Z

Congressman Don Davis

@RepDonDavis

With millions of Americans investing in digital assets, we need clear and consistent rules.

2025-07-15T15:21:44.000Z

Congressman Don Davis

@RepDonDavis

The U.S. Senate passed the GENIUS Act, a major step forward in regulating stablecoins. Rural America must have a seat at the table in shaping the future of financial innovation.

2025-06-17T22:21:51.000Z

Congressman Don Davis

@RepDonDavis

The CLARITY Act passed out of the House Agriculture Committee, bringing us closer to clear rules for digital assets, stronger consumer protections, and a more innovative future. America must lead.

2025-06-11T16:42:59.000Z

Congressman Don Davis

@RepDonDavis

The @DigitalChamber Power Hour with @RepTimmons was terrific. Congress must take decisive action on stablecoin and market structure legislation. The U.S. must lead the way!

2025-06-06T00:02:46.000Z

Congressman Don Davis

@RepDonDavis

The Digital Asset Market Clarity (CLARITY) Act establishes a regulatory framework for digital assets in the United States, and I am co-leading it to ensure that America leads and shapes the future of digital finance.

2025-05-29T17:39:09.000Z

Somewhat Pro-Crypto

Congressman Don Davis

@RepDonDavis

Digital asset policy remains vital for American innovation. As Ranking Member of the House Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development, I’m ready to roll up my sleeves and bring the modern world to rural communities.

2025-04-09T19:57:44.000Z

Voted for a bill on 2025-03-11

Bill Name

H.J. Res 25

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 House

Congressman Don Davis

@RepDonDavis

Pegged to the U.S. dollar, stablecoins are transforming global finance. With a market worth $176 billion, they support financial inclusion and strengthen the dollar’s global dominance. Congress must act to create clear regulatory frameworks to foster innovation, stability, and economic growth.

2024-11-14T01:10:45.000Z

Somewhat Pro-Crypto

Quoted from standwithcrypto.org on 2024-07-11

Congressman Don Davis 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. Congressman Don Davis supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.

Cosponsored a bill on 2024-06-27

Bill Name

Uniform Treatment of Custodial Assets Act

Details

To prohibit certain Federal agencies from requiring certain institutions to include assets held in custody as a liability, and for other purposes.

Somewhat Anti-Crypto

Voted against a bill on 2024-05-23

Bill Name

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 Type

Final Passage Out Of House

Voted for a bill on 2024-05-22

Bill Name

FIT21

Details

Financial Innovation and Technology for the 21st Century Act

Vote Type

Final Passage Out Of House

Voted for a bill on 2024-05-08

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 House