Does Riley Moore Support Crypto?

Bill

Promoting Innovation in Blockchain Development Act

Details

This legislation amends the federal criminal statute governing unlicensed money transmitting businesses to require that an entity must actually exercise control over funds to face prosecution. By narrowing the definition of money transmission to custodial activities, the bill exempts non-custodial blockchain developers, self-custody wallet providers, node operators, and decentralized finance protocols from criminal liability for unlicensed money transmission, protecting fundamental software innovation.

Bill

Permanent CBDC Ban Act

Details

This legislation permanently prohibits the Federal Reserve Board of Governors and Federal reserve banks from issuing or creating a central bank digital currency (CBDC). By amending the Federal Reserve Act, the bill establishes a definitive ban on the development and deployment of a government-backed digital dollar in the United States, halting any administrative plans to implement state-run digital currency infrastructure.

Bill

American Reserve Modernization Act of 2026

Details

This legislation establishes a Strategic Bitcoin Reserve and a separate Digital Asset Stockpile within the Department of the Treasury to manage the federal government's digital holdings. It mandates a minimum 20-year holding period for acquired Bitcoin, implements a cryptographic 'Proof of Reserve' system for public audits, permits voluntary state-level custody partnerships, and requires a study on budget-neutral acquisition strategies such as converting other seized digital assets or revaluing Federal Reserve gold certificates.

Bill

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.

Vote

Final Passage Out Of House

Bill

CLARITY Act

Details

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.

Bill

H.J. Res 25

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

Final Passage Out Of House

Quoted from standwithcrypto.org · 2024-04-11

Riley Moore completed the Stand With Crypto Questionnaire and demonstrated support for crypto and digital assets. He emphasized the importance of crypto in driving technological innovation, economic growth, and job creation. Riley Moore supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.