DoTheySupportIt grades politicians on crypto from how they vote and what they say. How it works

US Congressperson in the 2nd district of Rhode Island

Does Seth Magaziner Support Crypto?

Democrat

3 votes · 1 statement

Latest · Post on X from @Rep_MagazinerVery Anti-Crypto

Crypto grade

Somewhat Anti-Crypto

Based on 4 stances

Based on previous comments, Seth Magaziner has indicated they are somewhat anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Seth Magaziner has made about crypto.

Document a stance

Full record

Congressman Seth Magaziner

@Rep_Magaziner

Things that don’t help people pay their bills: Trump renaming the Kennedy Center, invading Venezuela, building a ballroom, or hawking crypto. 2025 was one of the weakest years for job growth in years.

Very Anti-CryptoAdd commentary

Voted against a bill on

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.
Vote: Final Passage Out Of House

Very Anti-CryptoAdd commentary

Voted for a bill on

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

Very Pro-CryptoAdd commentary

Voted against a bill on

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

Very Anti-CryptoAdd commentary

DoTheySupportIt grades politicians on crypto from how they vote and what they say. How it works

US Congressperson in the 2nd district of Rhode Island

Does Seth Magaziner Support Crypto?

Democrat

3 votes · 1 statement

Latest · Post on X from @Rep_MagazinerVery Anti-Crypto

Crypto grade

Somewhat Anti-Crypto

Based on 4 stances

Based on previous comments, Seth Magaziner has indicated they are somewhat anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Seth Magaziner has made about crypto.

Document a stance

Full record

Congressman Seth Magaziner

@Rep_Magaziner

Very Anti-CryptoAdd commentary

Voted against a bill on

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.
Vote: Final Passage Out Of House

Very Anti-CryptoAdd commentary

Voted for a bill on

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

Very Pro-CryptoAdd commentary

Voted against a bill on

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

Very Anti-CryptoAdd commentary