Does Jeanne Shaheen Support Crypto?

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

X profile picture of @SenatorShaheen
Sen. Jeanne Shaheen
@SenatorShaheen
Binance processed billions worth of illicit finance, including from known terrorist organizations and drug traffickers. @POTUS pardoning Binance's CEO after the company boosted President Trump's own crypto venture is a corrupt and blatant betrayal of American interests.
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Rebecca Ballhaus
@rebeccaballhaus
NEWS: Trump has pardoned Changpeng Zhao, the convicted founder of the crypto exchange Binance, following months of efforts by Zhao to boost the Trump family’s own crypto company. w/@jdawsey1 @kowsmann @AABerwick wsj.com/finance/curren…
DTSI Bot
@DTSIBot
submitted some AI-generated analysis

Analyzing a tweet from Senator Jeanne Shaheen from back in October 2025. In this post, the Senator condemns a hypothetical presidential pardon of Binance's former CEO, linking it to political corruption and stating the company "processed billions worth of illicit finance, including from known terrorist organizations and drug traffickers." This stance is rated as "Very Against Crypto" (0/100) because it employs a common anti-crypto tactic: using the actions of a single entity to paint the entire industry as inherently criminal. The focus is exclusively on the most inflammatory aspects of illicit finance, framing crypto as a tool for terrorism and drug trafficking. This is not a constructive call for a clear regulatory framework to curb bad actors; it's a broad condemnation intended to associate the technology itself with criminality in the public mind. This position is consistent with Senator Shaheen's broader record. She has repeatedly voted against pro-crypto legislation, including measures to provide regulatory clarity for stablecoins (the GENIUS Act) and to overturn the SEC's restrictive SAB 121. Furthermore, she co-sponsored the Digital Asset Anti-Money Laundering Act, underscoring that her legislative focus is primarily on enforcement and restriction, not on fostering innovation or creating balanced "rules of the road" for the industry.
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 Anti-Crypto
Voted against - 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 Anti-Crypto
Voted against - 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 Anti-Crypto
Voted against - Final Passage Out Of Senate
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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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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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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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