Does Vern Buchanan Support Crypto?

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

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Rep. Vern Buchanan
@VernBuchanan
Thanks to @POTUS’ America First agenda, U.S. banks can now serve as intermediaries for crypto transactions under clear rules. This keeps financial innovation here at home, strengthens consumer trust and ensures the future of finance is led by America, not foreign adversaries. reuters.com/sustainability…
DTSI Bot
@DTSIBot
submitted some AI-generated analysis

Analyzing a statement from Rep. Vern Buchanan. He celebrated U.S. banks being permitted to act as crypto intermediaries under "clear rules." This is a textbook example of a strongly pro-crypto position. The call for "clear rules" is exactly what the industry needs for mature growth, moving away from regulation by enforcement. Allowing banks to custody and transact with digital assets is a monumental step toward mainstream integration, lending legitimacy and accessibility to the entire ecosystem. Furthermore, Rep. Buchanan frames this development as essential for keeping "financial innovation here at home" and ensuring America leads the "future of finance." This narrative is crucial. It positions crypto not as a niche or risky venture, but as a strategic technology vital to national competitiveness. This stance is perfectly aligned with his record. Rep. Buchanan has consistently supported key crypto legislation, including votes for FIT21, the CLARITY Act, and the GENIUS Act for stablecoins, earning him a perfect score on our platform. His position is clear: fostering crypto innovation within a well-defined regulatory framework is a net positive for the country.
Voted for a bill on
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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Voted for a bill on
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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Rep. Vern Buchanan
@VernBuchanan
A clear, commonsense framework is essential to drive digital asset innovation. That’s why I supported the GENIUS Act, which stabilizes regulations for dollar-backed stablecoins—promoting transparency, protecting consumers and strengthening the U.S. dollar globally.
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Voted for a bill on
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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Voted for a bill on
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.

Vote Type
Final Passage Out Of House
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Voted for a bill on
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.

Vote Type
Final Passage Out Of House
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