Does Sean Casten Support Crypto?

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

Document a missing stance Sean Casten has taken on crypto

Voted against a bill on May 23rd, 2024

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.

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Very Anti-Crypto

Sean Casten

@RepCasten

The FIT21 Act fails to address the use of cryptocurrency by terrorists, foreign adversaries, and criminals. I introduced multiple amendments to rectify this, but House Republicans refused to bring them to the floor for a vote. pic.twitter.com/JAPjS1B0wf

2024-05-22T21:35:26.000Z · via Twitter

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Very Anti-Crypto

Sean Casten

@RepCasten

House Republicans have refused to bring to the floor my amendments to help address the use of crypto obfuscation tools that are preferred by terrorists, drug traffickers, and foreign adversaries. I urge my colleagues to oppose this harmful bill. x.com/Eleanor_Muelle…

2024-05-22T15:27:58.000Z · via Twitter

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Very Anti-Crypto

Voted against a bill on May 22nd, 2024

Bill Name

FIT21

Details

Financial Innovation and Technology for the 21st Century Act

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Very Anti-Crypto

Sean Casten

@RepCasten

I’m introducing a temporary prohibition on crypto mixers to help prevent future crypto-financed terrorism. Read more.

https://t.co/imGWfoCmje

2024-05-09T14:40:34.000Z · via Twitter

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Very Anti-Crypto

Voted against a bill on May 8th, 2024

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.

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Very Anti-Crypto

Sean Casten

@RepCasten

Cryptocurrency has been used to finance terrorist attacks around the world, made possible by digital asset mixers. I’m introducing legislation to temporarily prohibit crypto mixers while we study this technology & how it is used for illicit purposes. bit.ly/3y6yJ90

2024-05-07T22:56:16.000Z · via Twitter

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Very Anti-Crypto

Sean Casten

@RepCasten

The reporting that @PatrickMcHenry has threatened the National Defense Authorization Act, including legislation to combat fentanyl trafficking, unless it includes legislation written by & for the crypto lobby is concerning to anyone who cares about protecting national security. pic.twitter.com/5tTkh4bAgL

2023-11-29T20:02:50.000Z · via Twitter

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Very Anti-Crypto

Sean Casten

@RepCasten

Today, I introduced an amendment to legislation under consideration by the Financial Services Committee to get to the bottom of how much money Hamas has raised in crypto and how they use mixers to stay anonymous. Every single Republican on the committee voted against it. pic.twitter.com/BVIi4Mi09C

2023-11-14T21:45:45.000Z · via Twitter

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Very Anti-Crypto

Sean Casten

@RepCasten

We can not allow crypto to be used to launder money and bypass international sanctions. I led a bipartisan letter with @SenWarren, @RogerMarshallMD and over 100 of our colleagues asking the Biden Admin how it plans to prevent future crypto-financed terrorism. pic.twitter.com/5P9ZQtDCBk

2023-11-06T19:17:23.000Z · via Twitter

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Very Anti-Crypto

Sean Casten

@RepCasten

It’s time to have a serious conversation about the ease of illicit activity in the current cryptocurrency ecosystem. My op-ed on how Congress can prevent future crypto-financed terrorism

https://t.co/khO3mmmD8S

2023-10-31T19:26:04.000Z · via Twitter

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Very Anti-Crypto

Sean Casten

@RepCasten

Following reports that Hamas raised tens of millions of dollars via crypto to fund their attack on Israel, I led a bipartisan letter with @SenWarren, @RogerMarshallMD and over 100 of our colleagues asking the Biden Admin how it plans to prevent future crypto-financed terrorism. pic.twitter.com/XkLwv8oorJ

2023-10-25T21:36:53.000Z · via Twitter

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Very Anti-Crypto

Sean Casten

@RepCasten

NEWS: Following reports that Hamas raised millions of dollars via crypto to fund their attack on Israel, @SenWarren, @RogerMarshallMD & I led over 100 of our colleagues in a bipartisan letter to the Biden Admin asking how it plans to prevent future crypto-financed terrorism. pic.twitter.com/V1xbkfGz9K

2023-10-18T14:26:57.000Z · via Twitter

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Somewhat Pro-Crypto

Sean Casten

@RepCasten

Watch my questioning during last week’s committee hearing on the potential creation of a U.S. Central Bank Digital Currency (CBDC)

https://t.co/ZmQxEs9o9f

2023-09-18T22:01:08.000Z · via Twitter

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Very Anti-Crypto

Sean Casten

@RepCasten

Cryptocurrency and other digital assets pose risks to the United States' national security through money laundering, ransomware, and other illicit methods. We need to strengthen our nation’s anti-money laundering laws by addressing gaps in the Bank Secrecy Act. pic.twitter.com/y0IN213knT

2023-09-18T20:18:29.000Z · via Twitter

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Very Anti-Crypto

Sean Casten

@RepCasten

If someone invested in the S&P 500 between 2017 and 2022, they would have received a 61% return, but if they invested in the median basket of cryptocurrencies, they would have lost 46% of the investment. Crypto is not the solution to closing the wealth inequality gap. pic.twitter.com/DqhiFbXDua

2023-05-10T19:25:29.000Z · via Twitter

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Neutral on Crypto

Sean Casten

@RepCasten

As the cryptocurrency industry grows, I’m calling on @SECGov to be prepared with the necessary tools to protect investors from fraud, manipulation & abuse. youtube.com/watch?v=ftR9HQ…

2022-09-02T17:21:22.000Z · via Twitter

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Neutral on Crypto

Sean Casten

@RepCasten

Alex Kearns was tragically taken from his family after Robinhood erroneously said he owed $730,000. As the cryptocurrency industry grows, @FSCDems are calling on @SECGov to be prepared with the necessary tools to protect investors from fraud, manipulation & abuse. pic.twitter.com/yGtuoNrOzr

2022-07-19T19:15:02.000Z · via Twitter

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Neutral on Crypto

Sean Casten

@RepCasten

HAPPENING NOW: The @USTreasury is testifying in front of @FSCDems about President Biden’s Working Group report on stablecoins. Join us as we listen to testimony & work to learn more about these digital assets.

#WATCH go.usa.gov/xtv7V

2022-02-08T15:44:47.000Z · via Twitter

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Neutral on Crypto

Sean Casten

@RepCasten

ATTN: After months of working on @FSCDems first-ever Digital Assets Working Group, I'm excited for today's first public Congressional hearing on digital assets, cryptocurrency, and the future of finance. Watch here

https://t.co/J2DSHIXV8Z

2021-12-08T16:08:37.000Z · via Twitter

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Does Sean Casten Support Crypto?self.__wrap_n!=1&&self.__wrap_b(":R1ltttt6la:",1)

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

Does Sean Casten Support Crypto?