Does Shomari Figures Support Crypto?

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

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Very Pro-Crypto

Voted for a bill on Jul 17th, 2025
Bill Name
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 Type
Final Passage Out Of House
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Very Pro-Crypto

Voted for a bill on Jul 17th, 2025
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.
Vote Type
Final Passage Out Of House
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Very Pro-Crypto

Voted for a bill on Mar 11th, 2025
Bill Name
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 Type
Final Passage Out Of House
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Very Pro-Crypto

Quoted from www.alreporter.com on Jul 29th, 2024

Shomari Figures, the Democratic nominee for Alabama’s recently redrawn 2nd Congressional District, signed onto a joint letter to the Democratic National Committee and Vice President Kamala Harris on Friday.

Signed by fourteen Democratic members of Congress and thirteen fellow candidates, the letter asks the DNC to “take a forward-looking approach to digital assets and blockchain technology.”

Specifically, it calls to: “include pro-digital language in the party’s platform,” “select a vice-presidential candidate sophisticated in digital asset policy,” “select a pro-innovation SEC chair,” and “engage with industry experts.”

The letter also criticizes the “current SEC’s approach to these transformative technologies” and claims swing voters will consider the parties’ crypto policy this November.

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Very Pro-Crypto

Quoted from www.figuresforcongress.com on Mar 1st, 2024

Shomari Figures' campaign website highlights a specific focus within the "Opportunities and Economy" section under "On the Issues":

Embracing the evolving digital asset landscape, including cryptocurrencies, to foster innovation and technological progress. It aims to ensure that as blockchain technology advances, its applications benefit our District, particularly in supply chain management, healthcare, and identity verification.

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