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

US Senator from North Carolina

Does Ted Budd Support Crypto?

Republican

6 votes · 5 sponsorships · 33 statements

Latest · Vote on CLARITY ActVery Pro-Crypto

Crypto grade

Very Pro-Crypto

Based on 44 stances

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 crypto.

Document a missing stance

Full record

Voted for 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: Key Cloture VoteProcedural Action
Significance: Because of the way Senate rules work, CLARITY could not have gotten to a final vote without members voting in favor.

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

Great meeting with the innovators and leaders at @moonpay who are shaping the future of the digital asset industry. As the Senate works to finalize market-structure legislation, conversations like this help ensure that America stays at the forefront of digital-asset innovation.

Very Pro-CryptoAdd commentary

Sponsored a bill on

Bill: Virtual Currency Tax Fairness Act
Details: This legislation amends the Internal Revenue Code to exempt de minimis gains or losses on small virtual currency transactions from gross income. Under the bill, personal transactions with a total value or gain/loss under $200 would not trigger tax reporting requirements, provided they are not exchanged for cash, business assets, or income-producing property. The $200 threshold is indexed for inflation starting after 2027.

Very Pro-CryptoAdd commentary

Ted Budd reposted the post below

Congressman Troy Downing

@RepTroyDowning

Had an engaging conversation at @DigitalChamber’s Blockchain Summit talking the state of play on digital asset regulation, what it means for U.S. competitiveness, and more. Pleasure sharing the stage with @SenTedBuddNC, @RepBuddyCarter, and @fgthiel!

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Senator Ted Budd

@SenTedBuddNC

The @DigitalChamber’s Blockchain Summit brought together industry innovators & leaders to discuss digital asset regulation and U.S. competitiveness. It was great to join in on the conversation with @RepTroyDowning, @RepBuddyCarter, & @fgthiel!

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Sponsored a bill on

Bill: Financial Technology Protection Act of 2025
Details: This bill establishes an Independent Financial Technology Working Group to research the illicit use of digital assets and develop legislative and regulatory proposals to improve anti-money laundering and counter-terrorist financing efforts. The working group will include representatives from government agencies, financial technology companies, blockchain intelligence companies, and organizations focused on individual privacy and civil liberties. Additionally, the bill mandates a presidential report and strategy on preventing rogue actors from using digital assets to evade sanctions or finance terrorism.

Somewhat Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

It's no secret that criminals & terrorists are exploiting digital assets—putting both our financial & national security at risk. Thanks to @SenGillibrand & @SenLummis for joining the effort to prevent illicit abuse of this pro-growth financial tech. budd.senate.gov/2025/07/31/sen…

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Senator Ted Budd

@SenTedBuddNC

The Senate’s market structure bill would provide the crypto industry with regulatory certainty needed to unlock new investments & innovation. Grateful for the inclusion of my provisions to ensure self-custody of digital assets & address illicit use of financial technologies.

Senator Cynthia Lummis

@SenLummis

Today, @SenatorTimScott, @berniemoreno, @SenatorHagerty and I led our colleagues in releasing the discussion draft for market structure legislation that will serve as the foundation for making the U.S. the crypto capital of the world.

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Ted Budd reposted the post below

Mike Lee

@SenMikeLee

Americans deserve to keep their crypto assets where they choose – not where they’ve been forced by the federal government. Proud to join @SenTedBuddNC’s Keep Your Coins Act to protect Americans’ privacy and right to maintain self-custody of their crypto assets.

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Sponsored a bill on

Bill: Keep Your Coins Act of 2025
Details: The "Keep Your Coins Act of 2025" aims to prevent Federal agencies from limiting an individual's use of convertible virtual currency to purchase goods or services for personal use. It further protects the right of individuals to self-custody digital assets using self-hosted wallets for any lawful purpose. The bill defines "convertible virtual currency" as a medium of exchange equivalent to or a substitute for currency.

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

Self-custody is a founding principle of the digital asset ecosystem and needs to be protected. I introduced the Keep Your Coins Act of 2025 to ensure the federal government cannot infringe on a person’s ability to control their own digital assets. budd.senate.gov/2025/07/15/bud…

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Took stances on a bill between and

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.

Timeline

Very Pro-Crypto

Voted for - Final Passage Out Of Senate

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Add commentary

Senator Ted Budd

@SenTedBuddNC

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.

Very Pro-CryptoAdd commentary

Cosponsored a bill on

Bill: Anti-CBDC Surveillance State Act
Details: This bill proposes to amend the Federal Reserve Act to explicitly prohibit Federal Reserve banks from offering products or services directly to individuals or maintaining individual accounts. Crucially, it bans the Federal Reserve from developing, testing, implementing, or issuing a central bank digital currency (CBDC), either directly or indirectly, and from using a CBDC for monetary policy. The legislation defines CBDC as a direct liability of the Federal Reserve System, denominated in the national unit of account, and widely available to the public.

Very Pro-CryptoAdd commentary

Took stances on a bill between and

Bill: 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".

Timeline

Very Pro-Crypto

Voted for - Final Passage Out Of Senate

Very Pro-Crypto

Cosponsored

Add commentary

Voted for a bill on

Bill: 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: Final Passage Out Of Senate

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

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.

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

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. #crypto budd.house.gov/news/documents…

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

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

Very Pro-CryptoAdd commentary

Ted Budd reposted the post below

Bitcoin Magazine

@BitcoinMagazine

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."

Very Pro-CryptoAdd commentary

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

US Senator from North Carolina

Does Ted Budd Support Crypto?

Republican

6 votes · 5 sponsorships · 33 statements

Latest · Vote on CLARITY ActVery Pro-Crypto

Crypto grade

Very Pro-Crypto

Based on 44 stances

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 crypto.

Document a missing stance

Full record

Voted for 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: Key Cloture VoteProcedural Action
Significance: Because of the way Senate rules work, CLARITY could not have gotten to a final vote without members voting in favor.

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

Very Pro-CryptoAdd commentary

Sponsored a bill on

Bill: Virtual Currency Tax Fairness Act
Details: This legislation amends the Internal Revenue Code to exempt de minimis gains or losses on small virtual currency transactions from gross income. Under the bill, personal transactions with a total value or gain/loss under $200 would not trigger tax reporting requirements, provided they are not exchanged for cash, business assets, or income-producing property. The $200 threshold is indexed for inflation starting after 2027.

Very Pro-CryptoAdd commentary

Ted Budd reposted the post below

Congressman Troy Downing

@RepTroyDowning

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

Very Pro-CryptoAdd commentary

Sponsored a bill on

Bill: Financial Technology Protection Act of 2025
Details: This bill establishes an Independent Financial Technology Working Group to research the illicit use of digital assets and develop legislative and regulatory proposals to improve anti-money laundering and counter-terrorist financing efforts. The working group will include representatives from government agencies, financial technology companies, blockchain intelligence companies, and organizations focused on individual privacy and civil liberties. Additionally, the bill mandates a presidential report and strategy on preventing rogue actors from using digital assets to evade sanctions or finance terrorism.

Somewhat Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

Senator Cynthia Lummis

@SenLummis

Very Pro-CryptoAdd commentary

Ted Budd reposted the post below

Mike Lee

@SenMikeLee

Very Pro-CryptoAdd commentary

Sponsored a bill on

Bill: Keep Your Coins Act of 2025
Details: The "Keep Your Coins Act of 2025" aims to prevent Federal agencies from limiting an individual's use of convertible virtual currency to purchase goods or services for personal use. It further protects the right of individuals to self-custody digital assets using self-hosted wallets for any lawful purpose. The bill defines "convertible virtual currency" as a medium of exchange equivalent to or a substitute for currency.

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

Very Pro-CryptoAdd commentary

Took stances on a bill between and

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.

Timeline

Very Pro-Crypto

Voted for - Final Passage Out Of Senate

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Very Pro-Crypto

Voted for - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Add commentary

Senator Ted Budd

@SenTedBuddNC

Very Pro-CryptoAdd commentary

Cosponsored a bill on

Bill: Anti-CBDC Surveillance State Act
Details: This bill proposes to amend the Federal Reserve Act to explicitly prohibit Federal Reserve banks from offering products or services directly to individuals or maintaining individual accounts. Crucially, it bans the Federal Reserve from developing, testing, implementing, or issuing a central bank digital currency (CBDC), either directly or indirectly, and from using a CBDC for monetary policy. The legislation defines CBDC as a direct liability of the Federal Reserve System, denominated in the national unit of account, and widely available to the public.

Very Pro-CryptoAdd commentary

Took stances on a bill between and

Bill: 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".

Timeline

Very Pro-Crypto

Voted for - Final Passage Out Of Senate

Very Pro-Crypto

Cosponsored

Add commentary

Voted for a bill on

Bill: 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: Final Passage Out Of Senate

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

Very Pro-CryptoAdd commentary

Senator Ted Budd

@SenTedBuddNC

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

Very Pro-CryptoAdd commentary

Ted Budd reposted the post below

Bitcoin Magazine

@BitcoinMagazine

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."

Very Pro-CryptoAdd commentary