Does Mark Warner Support Crypto?

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

Document a missing stance Mark Warner has taken on crypto

Very Anti-Crypto

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.
Add your own analysis on this stance

Somewhat Anti-Crypto

Profile picture of Mark Warner
Mark Warner
@MarkWarner
We need to make sure Russia isn’t using crypto to evade sanctions – that’s why I’ve introduced a law to close loopholes and make sure our sanctions keep working. We’re making a real impact on the Russian economy, but we have to keep pushing.
· via Twitter
Add your own analysis on this stance

Somewhat Pro-Crypto

Profile picture of Mark Warner
Mark Warner
@MarkWarner
Some have misinterpreted previous language I had offered to favor proof of work cryptocurrencies – the intent was anything but: to reiterate, all the drafters have repeatedly emphasized they do *not* see validators under any consensus mechanism as subject to compliance.
· via Twitter
Analysis on Stance
Add your own analysis on this stance
Profile picture of DoTheySupportCrypto
DoTheySupportCrypto
marked this stance as somewhat pro-crypto

Mark Warner has generally been tech-savvy on regulation. He didn't expect the backlash he witnessed.

Somewhat Pro-Crypto

Profile picture of Mark Warner
Mark Warner
@MarkWarner
For over a week, the Administration has reiterated to all Senators involved that the scope of these rules would not extend to parts of the crypto ecosystem where entities wouldn’t in their normal course of business be able to collect the relevant information for tax reporting.
· via Twitter
Add your own analysis on this stance

Somewhat Anti-Crypto

Profile picture of Mark Warner
Mark Warner
@MarkWarner
First, we’re seeing decentralized exchanges openly advertise their non-compliance w/ regulatory and tax rules – that’s something that we seek to address in this legislation by making clear that, notwithstanding their claims, they’re still subject to compliance.
· via Twitter
Add your own analysis on this stance