Based on previous comments, Ted Budd has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Ted Budd has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Proud to support the first-ever digital asset legislation to pass the U.S. Senate.
The GENIUS Act will drive American innovation in the financial sector, protect consumers by boosting transparency, & further cement the U.S. dollar as the world’s reserve currency.
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.
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".
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.
What happened at FTX was fraud, plain & simple.
Sam Bankman-Fried should be prosecuted to the fullest extent of the law.
In order to protect consumers & encourage U.S. innovation, Congress should finally take the lead & establish clear rules for #Crypto.
It was my honor to receive the bipartisan Digital Future Award from the @crypto_council.
I will always be an advocate for embracing new technology and the economic growth it will create. #cryptobudd.house.gov/news/documents…
This afternoon I toured HM Tech LLC in Graham alongside @NC_Blockchain.
This facility is a prime example of how we bring the next generation of technology to our shores. #crypto
JUST IN: 8 U.S. Congressmen sent SEC Chair Gensler a bipartisan letter regarding the SEC's #bitcoin & crypto reporting requests, citing its "stifling innovation."
As the Biden administration wades into #DigitalAssets policy, they must remember that overregulation will drive this new industry -- and the jobs it will create -- overseas.
Congress must lead on this & embrace the next generation of innovation. #Cryptocoindesk.com/policy/2022/03…
During today's @FinancialCmte hearing, I asked Treasury's Under Secretary for Domestic Finance if federal regulators would front-run Congress and impose heavy limitations on #stablecoins.
She said she did not think so. #StableCoin
I had a great time attending an informative #Crypto briefing with SEC Commissioner Hester Pierce today.
We have to make sure the next generation of tech comes from America.
Glad to see that the damaging anti-#Crypto provision in the COMPETES Act will be changed.
Public input is essential before implementing drastic regulations. #Blockchainpolitico.com/news/2022/01/3…
A new provision in the COMPETES Act would allow the Treasury Department to unilaterally prohibit certain financial transactions *without* public input.
I've submitted an amendment to fix this massive mistake. #crypto#blockchainbudd.house.gov/news/documents…
Really troubling news that the Office of the Comptroller of the Currency is putting anti-#crypto stipulations on private finance companies.
This is a slippery slope that the federal government should *not* head down. theblockcrypto.com/linked/130722/…
Given @BrianBrooksUS's previous experience as head of the OCC, I asked him if the U.S. government is "behind the curve" when it comes fostering a pro-growth environment for #crypto.
His answer: "Unquestionably."
This has to change.
#Bitcoin#cryptocurrency
GM to everyone besides Hillary Clinton, who has an outdated view of new financial technologies like #crypto & #Bitcoin.
I guess it makes sense. She still struggles with email. bitcoinmagazine.com/culture/hillar…
Glad to join a bipartisan group of lawmakers to propose a fix to the #crypto tax provisions in the infrastructure bill.
The U.S. needs to be leading the world in digital asset development instead of overregulating it and pushing it overseas. budd.house.gov/news/documents…
I asked CFPB Director Rohit Chopra whether he had any intention to use his regulatory authority to crack down on #Crypto or #blockchain.
His response: "No."
We need to approach #crypto the American way:
By embracing new technology & allowing innovators to create things that will better our lives.
Check out my latest op-ed in @WashTimes
https://t.co/Hituj3iBiZ
Encouraging to hear the @SECGov Chairman confirm that the SEC has no plans to ban #crypto or #bitcoin.
As China doubles down on authoritarian bans, America needs to be open to new financial tech. @FinancialCmte
Glad to join @RepTomEmmer to make sure that the Fed does not undermine decentralized digital assets.
"Decentralized digital assets and digital asset ecosystems empower individual Americans and
unlock great access to opportunities for all"
#Crytpo#CBDC
Tom Emmer
@GOPMajorityWhip
Today, I sent a bipartisan letter to Federal Reserve Chairman Jerome Powell highlighting the need for private sector digital asset innovation.
China's abolishment of #crypto and #Bitcoin is huge opportunity for the U.S. to innovate and lead in this 21st century industry.
If America's lives up to our free market principles, we will outpace China's authoritarian, communist system every time.
Democrat leadership is shutting out the voices of those who want to keep 21st-century innovations in America.
We cannot pay for the so-called infrastructure bill on the backs of everyday #crypto investors.
#Bitcoin#cryptocurrencybreitbart.com/politics/2021/…
We want the next generation of digital banking to built right here in the USA, not pushed overseas.
The amendment from @SenLummis, @SenToomey, & @RonWyden is a positive step to ensure innovation continues to thrive in America.
#Crypto#cryptocurrency
The infrastructure bill's $30 billion in #crypto taxes would destroy American jobs by forcing digital innovation offshore to countries like China.
America should be leading the world on this.
breitbart.com/politics/2021/…
.@RepTedBudd told Breitbart News in an exclusive interview that the cryptocurrency regulations in the so-called bipartisan infrastructure bill are “devastating” for American jobs and the country’s competitiveness in the financial technology industry. trib.al/UOvsdG9
Taxing everyday #crypto investors & innovators like this will undermine U.S. leadership in this industry. Totally self-destructive.
CoinDesk
@CoinDesk
The new infrastructure deal in Washington includes a proposal to generate $30 billion through increased taxes on crypto transactions.
@nikhileshde@realDannyNelson report
trib.al/xS274sz
