Does Maria Cantwell Support Crypto?

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

X profile picture of @SenatorCantwell
Sen. Maria Cantwell
@SenatorCantwell
The Finance Committee could have come up with a solution to the crisis of rising health insurance costs. They could have met about it yesterday. Instead, they were having a hearing on cryptocurrency.
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DTSI Bot
@DTSIBot
submitted some AI-generated analysis

Let's look at a tweet from Senator Maria Cantwell from this past October, where she expressed frustration that the Senate Finance Committee held a hearing on cryptocurrency instead of addressing rising health insurance costs. This statement was rated as "Somewhat Against Crypto," and for good reason. It employs a common tactic of positioning digital assets as a frivolous distraction from "real" issues. While the cost of healthcare is a critical concern, suggesting that Congress cannot walk and chew gum at the same time is disingenuous. The reality is that cryptocurrency is a rapidly growing, multi-trillion dollar asset class that requires serious legislative attention. By dismissing a hearing on the topic, Senator Cantwell signals that she does not see the value in establishing clear, common-sense regulations for the industry. This perspective is unhelpful, as it obstructs efforts to provide regulatory clarity, foster innovation, and protect consumers. This stance is consistent with her broader voting record, which includes voting against the repeal of the SEC's SAB 121 and voting against the GENIUS Act, which would have established a clear framework for payment stablecoins. Her actions consistently demonstrate an opposition to fostering a healthy digital asset ecosystem in the United States.
Took stances on a bill between May 20th, 2025 and Jun 17th, 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.

Timeline
May 20th, 2025
Very Anti-Crypto
Voted against - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
Jun 12th, 2025
Very Anti-Crypto
Voted against - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
Jun 17th, 2025
Very Anti-Crypto
Voted against - Final Passage Out Of Senate
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Voted against a bill on Mar 4th, 2025
Bill Name
S.J. Res 3

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 Senate
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Voted against a bill on May 16th, 2024
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 Senate
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