Does Don Davis Support Crypto?

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

Cosponsored a bill on May 29th, 2025

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.

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 Mar 11th, 2025

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".

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 www.standwithcrypto.org on Jul 11th, 2024

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 Jun 27th, 2024

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 May 23rd, 2024

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.

Voted for a bill on May 22nd, 2024

Bill Name

FIT21

Details

Financial Innovation and Technology for the 21st Century Act

Voted for a bill on May 8th, 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.