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Kelly Armstrong

Does Kelly Armstrong Support Crypto?

Based on previous comments, Kelly Armstrong has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Kelly Armstrong has made about crypto.

Document a stance Kelly Armstrong has taken on crypto
profile picture of Kelly Armstrong

Former US Congressperson in North Dakota

3 January, 2023 - 3 January, 2025
Republican

Links

https://x.com/GovArmstrong
https://governor.nd.gov/
Took stances on a bill between 2024-03-05T00:00:00.000Z and 2024-05-23T00:00:00.000Z
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.
Timeline
2024-03-05
Somewhat Pro-Crypto
Cosponsored
2024-05-23
Somewhat Pro-Crypto
Voted for - Final Passage Out Of House
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Very Pro-Crypto

Voted for a bill on 2024-05-22
Bill Name
FIT21
Details
This bill establishes a comprehensive regulatory framework for digital assets, assigning primary jurisdiction over "digital commodities" to the CFTC and "restricted digital assets" to the SEC. It defines key terms like "digital asset," "digital commodity," and "permitted payment stablecoin," and creates a mechanism for digital assets to transition from securities to commodities upon achieving sufficient decentralization. The legislation also outlines registration requirements for various digital asset intermediaries and mandates studies on decentralized finance and non-fungible digital assets.
Vote Type
Final Passage Out Of House
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Very Pro-Crypto

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
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