Jim Justice reposted the post below
Marsha Blackburn
@VoteMarsha
Joined my colleagues @JimJustice_WV and @CynthiaMLummis at @TheBitcoinConf to discuss the important role Bitcoin plays in preserving financial freedom.
2025-05-28T00:30:21.000Z
Does Jim Justice Support Crypto?
Based on previous comments, Jim Justice has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Jim Justice has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Voted for a bill on May 20th, 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.
Quoted from jimjusticewv.com on Apr 1st, 2024
Jim Justice's campaign website highlights a specific focus within the "Economy & Jobs" section under "Issues":
America has a tremendous opportunity with the innovation and technology around artificial intelligence (AI), blockchain, and cryptocurrencies. Jim Justice believes we must ensure a digital market structure that protects Americans from bad actors but allows these innovators to flourish and create new, exciting technology, jobs, and opportunities. He opposes a central bank digital currency that would permit the federal government to surveil and restrict Americans’ financial transactions. He supports a clear regulatory framework for these exciting digital assets, allowing entrepreneurs to innovate, flourish, create jobs, and achieve their full potential.
Quoted from jimjusticewv.com on Feb 23rd, 2024
Jim Justice's Page, "QUESTIONS WITH GOVERNOR JIM JUSTICE"
As a young investor, I am interested in your thoughts on cryptocurrencies, digital assets, and digital markets? – Joe (Charleston, WV)
Governor Justice: I’m learning more and more about cryptocurrencies, blockchain, and all these new technologies. We have supported Bitcoin miners in West Virginia. There are several locations near coal-fired power plants, and coal-fired electricity is being used to mine Bitcoin and other cryptocurrencies in West Virginia.
America has a tremendous opportunity with the innovation and technology around artificial intelligence (AI), blockchain, and cryptocurrencies. As elected leaders, we must ensure a digital market structure that protects Americans from bad actors but allows these innovators to flourish and create new and exciting technology and opportunities.
The last thing we need is the federal government overreaching and putting financial privacy, freedom, and digital markets at risk, especially with something like a central bank digital currency that would permit the federal government the ability to surveil and restrict Americans’ financial transactions.
I support a clear regulatory framework for these exciting digital assets that allows entrepreneurs to innovate, flourish, and achieve their full potential.