Does Bob Casey Jr. Support Crypto?

Bill

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

Final Passage Out Of Senate

Quoted from standwithcrypto.org · 2024-04-22

Senator Bob Casey 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. Senator Bob Casey supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.

Bill

Digital Asset Anti-Money Laundering Act of 2023

Details

This bill, titled the "Digital Asset Anti-Money Laundering Act of 2023," seeks to significantly expand the regulatory reach of the Financial Crimes Enforcement Network (FinCEN) over digital assets. It redefines "financial institution" to include unhosted wallet providers, digital asset miners, validators, and other network participants, subjecting them to Bank Secrecy Act obligations. The bill also mandates regulations on anonymity-enhanced cryptocurrencies and mixers, and imposes reporting requirements for digital assets held outside the U.S.