DoTheySupportIt grades politicians on crypto from how they vote and what they say. How it works

US Senator from California

Does Laphonza Butler Support Crypto?

Democrat

1 vote · 1 sponsorship · 1 statement

Latest · Vote on SAB 121 House Joint ResolutionVery Anti-Crypto

butler.senate.gov

Crypto grade

Very Anti-Crypto

Based on 3 stances

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

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Full record

Voted against a bill on

Bill: 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: Final Passage Out Of Senate

Very Anti-CryptoAdd commentary

A post from @EleanorTerrett referenced Laphonza Butler

Eleanor Terrett

@EleanorTerrett

NEW: Rhode Island Senator @SenJackReed and California Senator @Senlaphonza have penned a letter to @GaryGensler asking for the agency to step in to ensure broker-dealers are giving investors the proper disclosures around the $BTC ETFs (which they say should be properly referred to as ETPs). Reed also calls on the SEC to NOT approve other #crypto ETFs: “While the bitcoin market has displayed serious weaknesses, it is nonetheless far more established and scrutinized than the market for any other cryptocurrency. However vulnerable bitcoin may be to fraud and manipulation, markets for other cryptocurrencies are far more exposed to misconduct. We do not believe that other cryptocurrencies show the trading volumes or integrity to support associated ETPs.”

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Cosponsored a bill on

Bill: Digital Asset Anti-Money Laundering Act of 2023
Details: This bill, titled the "Digital Asset Anti-Money Laundering Act of 2023," seeks to significantly expand the regulatory reach of the Financial Crimes Enforcement Network (FinCEN) over digital assets. It redefines "financial institution" to include unhosted wallet providers, digital asset miners, validators, and other network participants, subjecting them to Bank Secrecy Act obligations. The bill also mandates regulations on anonymity-enhanced cryptocurrencies and mixers, and imposes reporting requirements for digital assets held outside the U.S.

Very Anti-CryptoAdd commentary

DoTheySupportIt grades politicians on crypto from how they vote and what they say. How it works

US Senator from California

Does Laphonza Butler Support Crypto?

Democrat

1 vote · 1 sponsorship · 1 statement

Latest · Vote on SAB 121 House Joint ResolutionVery Anti-Crypto

butler.senate.gov

Crypto grade

Very Anti-Crypto

Based on 3 stances

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

Document a stance

Full record

Voted against a bill on

Bill: 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: Final Passage Out Of Senate

Very Anti-CryptoAdd commentary

A post from @EleanorTerrett referenced Laphonza Butler

Eleanor Terrett

@EleanorTerrett

Very Anti-CryptoAdd commentary

Cosponsored a bill on

Bill: Digital Asset Anti-Money Laundering Act of 2023
Details: This bill, titled the "Digital Asset Anti-Money Laundering Act of 2023," seeks to significantly expand the regulatory reach of the Financial Crimes Enforcement Network (FinCEN) over digital assets. It redefines "financial institution" to include unhosted wallet providers, digital asset miners, validators, and other network participants, subjecting them to Bank Secrecy Act obligations. The bill also mandates regulations on anonymity-enhanced cryptocurrencies and mixers, and imposes reporting requirements for digital assets held outside the U.S.

Very Anti-CryptoAdd commentary