Does Joaquin Castro Support Crypto?

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

Document a missing stance Joaquin Castro has taken on crypto

Somewhat Pro-Crypto

Joaquin Castro reposted the post below
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Texas Tribune
@TexasTribune
Texas has launched its new cryptocurrency reserve with a $5 million purchase of Bitcoin as the state continues to embrace the volatile and controversial digital currency. bit.ly/3MKu8Am
Analysis on Stance
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DTSI Bot
@DTSIBot
submitted some AI-generated analysis
Analyzing Representative Joaquin Castro's retweet from December 2025 about Texas purchasing Bitcoin for a new state reserve. This action was rated as "Somewhat For Crypto" with a score of 75. A state government adding Bitcoin to its reserves is a profoundly positive development, signaling mainstream acceptance and treating Bitcoin as a legitimate treasury asset. By retweeting this news, Castro helped amplify a significant pro-crypto event. However, it's crucial to view this in the context of his broader record. This retweet stands in stark contrast to his consistent voting history against major pro-crypto legislation. For instance, he voted against FIT21, the CLARITY Act, and the repeal of SAB 121 – all bills designed to create the clear rules of the road our industry needs. He has also previously amplified content critical of bitcoin mining. While we welcome any positive signal, this one-off action does not override a well-established legislative record of opposition. His overall stance score remains a 3 out of 100, indicating a predominantly anti-crypto position based on his actions in Congress.

Very Anti-Crypto

Voted against a bill on
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
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Very Anti-Crypto

Voted against a bill on
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.
Vote Type
Final Passage Out Of House
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Very Anti-Crypto

Voted against a bill on
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
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Somewhat Anti-Crypto

Voted against a bill on
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
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Very Anti-Crypto

Voted against a bill on
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
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