Does Ron Wyden Support Crypto?

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

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Very Pro-Crypto

Cosponsored a bill on
Bill Name
Blockchain Regulatory Certainty Act of 2026
Details
The Blockchain Regulatory Certainty Act of 2026 aims to clarify the regulatory treatment of certain non-controlling developers or providers of distributed ledger services involved in digital assets. Specifically, it exempts those who do not have the unilateral ability to control or effectuate transactions from being treated as money transmitting businesses under federal law. This includes activities like creating software, providing maintenance, facilitating self-custody, or offering infrastructure support for distributed ledgers, ensuring they are not subject to similar registration requirements.
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Took stances on a bill between and
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
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.
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.
Very Anti-Crypto
Voted against - Final Passage Out Of Senate
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Very Anti-Crypto

Voted against a bill on
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
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Very Pro-Crypto

Voted for a bill on
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
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Somewhat Anti-Crypto

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Ron Wyden
@RonWyden
Consumers who entrusted their assets to firms like @FTX_Official are discovering they have no protections when companies go bust. As Congress considers much-needed regulations for the crypto industry, I am laser-focused on ensuring real protections for consumers.
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The Washington Post
@washingtonpost
Sen. Ron Wyden (D-Ore.), chairman of the Senate Finance Committee, pressed Binance and other major cryptocurrency exchanges to explain how they would protect their customers in the event of a financial calamity. wapo.st/3XEvKge
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Somewhat Pro-Crypto

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Ron Wyden
@RonWyden
We’ve been working hard to get a deal. I don’t believe the cryptocurrency amendment language on offer is good enough to protect privacy and security, but it’s certainly better than the underlying bill. Majority Leader Schumer says he won’t block a unanimous consent request on it
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Very Anti-Crypto

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Ron Wyden
@RonWyden
The Warner-Portman-Sinema amendment provides a government-sanctioned safe harbor for the most climate-damaging form of crypto tech, called proof-of-work. It would be a mistake for the climate and for innovation to advance this amendment.
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@nikhileshde.bsky.social
@nikhileshde
- 2) The @MarkWarner @senrobportman version apparently introduced late tonight: coindesk.com/senator-who-wr…
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