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.
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.
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.