Based on previous comments, Nancy Mace has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Nancy Mace has made about crypto.
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.
The "Digital Asset Market Clarity Act of 2025," or "CLARITY Act of 2025," establishes a regulatory framework for digital commodities, granting the CFTC exclusive jurisdiction over spot market transactions and related entities like exchanges, brokers, and dealers. It aims to differentiate digital commodities from securities, introduce a "mature blockchain system" concept for regulatory exemptions, and protect individual self-custody rights.
American Homeowner Crypto Modernization Act of 2025
Details
The "American Homeowner Crypto Modernization Act of 2025" requires federal agencies, including HUD, USDA, VA, and FHFA, to update mortgage underwriting programs. These updates would mandate that lenders consider the value of digital assets held in brokerage accounts associated with cryptocurrency exchanges during the mortgage credit evaluation process. A digital asset is defined as any digital representation of value recorded on a cryptographically secured distributed ledger.
Veterans Affairs Distributed Ledger Innovation Act of 2025
Details
This bill directs the Secretary of Veterans Affairs to conduct a comprehensive study on the use of distributed ledger technology (DLT) within the Department of Veterans Affairs. The study aims to evaluate DLT's feasibility, benefits, and risks for improving claims adjudication, enhancing data integrity, and preventing fraud and abuse in the Department's benefits administration systems. It also provides specific definitions for distributed ledger and distributed ledger technology.
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".
Veterans Affairs Distributed Ledger Innovation Act of 2024
Details
The "Veterans Affairs Distributed Ledger Innovation Act of 2024" directs the Secretary of Veterans Affairs to conduct a comprehensive study on the use of distributed ledger technology (DLT) within the Department of Veterans Affairs. This study will evaluate the feasibility, benefits, and risks of DLT for improving services such as benefits allocation, record management, and insurance claims. It mandates consultation with DLT experts and stakeholders, with a report and recommendations due within one year.
Took stances on a bill between 2023-09-12T00:00:00.000Z and 2024-05-23T00:00:00.000Z
Bill Name
CBDC Anti-Surveillance State Act
Details
To amend the Federal Reserve Act to prohibit the Federal Reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.
This bill establishes a comprehensive regulatory framework for digital assets, assigning primary jurisdiction over "digital commodities" to the CFTC and "restricted digital assets" to the SEC. It defines key terms like "digital asset," "digital commodity," and "permitted payment stablecoin," and creates a mechanism for digital assets to transition from securities to commodities upon achieving sufficient decentralization. The legislation also outlines registration requirements for various digital asset intermediaries and mandates studies on decentralized finance and non-fungible digital assets.
American Homeowner Crypto Modernization Act of 2024
Details
The "American Homeowner Crypto Modernization Act of 2024" (H.R. 8480) mandates that federal agencies update mortgage underwriting programs. This update requires participating mortgage lenders to consider U.S. dollar amounts held in brokerage accounts associated with cryptocurrency exchanges when evaluating a borrower's credit. The legislation applies to agencies such as HUD, the Department of Agriculture, the Department of Veterans Affairs, and the Federal Housing Finance Agency.
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 "Border Security and Blockchain Technology Act," mandates the Secretary of Homeland Security to establish a public blockchain-based system within 18 months. This system is intended to securely store and share data related to border security operations, including biometric data, travel documents, and visa information. It aims to leverage smart contracts and blockchain's immutability for applications such as documentation verification, supply chain security, personnel management, and real-time data sharing among federal agencies. The bill emphasizes enhanced security, improved efficiency, increased transparency, and interagency collaboration.
This bill, known as the "CBDC Anti-Surveillance State Act," aims to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. It prohibits Federal Reserve banks from offering products or services, or maintaining accounts, directly for individuals. Additionally, it restricts the Federal Reserve Board and the Federal Open Market Committee from using any CBDC for monetary policy purposes and mandates quarterly reports to Congress on any CBDC studies or pilot programs.