Quoted from www.coindesk.com on 2026-01-29
Voted against advancing the pro-crypto market structure bill out of Senate Agriculture Committee.
Does Michael Bennet Support Crypto?
Based on previous comments, Michael Bennet has indicated they are very anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Michael Bennet has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Took stances on a bill between 2025-05-20T00:00:00.000Z and 2025-06-17T00:00:00.000Z
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
2025-05-20
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.
2025-06-12
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.
2025-06-17
Very Anti-Crypto
Voted against - Final Passage Out Of Senate
Michael Bennet
@SenatorBennet
Republicans are moving quickly to pass their so-called GENIUS Act - and have stripped out my amendment to prevent the president and vice president from issuing stablecoins.
But they cannot pass this bill without Democratic votes. Democrats must step up and refuse to pass the amendment.
2025-06-11T18:18:18.000Z
Michael Bennet
@MichaelBennet
This week, I pulled off legislative "piracy" using a rare Senate move to hijack the floor and take on Trump’s crypto corruption. 
2025-06-06T18:53:41.000Z
Michael Bennet
@MichaelBennet
This administration reeks of corruption. Yet some Democrats are backing the GOP's crypto bill without necessary safeguards.
My amendment to this bill bans the President and VP from issuing or endorsing stablecoins -- and forces the Senate to confront Trump’s crypto scheme.
2025-06-06T18:53:41.000Z
Voted against a bill on 2025-03-04
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
Voted against a bill on 2024-05-16
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
Michael Bennet
@SenatorBennet
Before Hamas launched a deadly terrorist attack against Israel, the group raised millions of dollars through cryptocurrency.
Crypto cannot be used to fund another tragedy. That's why I'm urging @POTUS to swiftly address crypto-financed terrorism.
2023-10-19T14:38:22.000Z
Cosponsored a bill on 2023-09-14
Bill Name
Digital Asset Anti-Money Laundering Act of 2023
Details
A bill to require the Financial Crimes Enforcement Network to issue guidance on digital assets, and for other purposes.