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Politicians Who Are Fans of Cryptocurrency and Blockchain

You are here: Home / Crypto News & Info / Politicians Who Are Fans of Cryptocurrency and Blockchain

September 21, 2020 by Coinsource

U.S. Capitol Building

The United States’ November election is on the horizon, and the pandemic, the economy and race issues are front and center these days. And while cryptocurrency isn’t a top issue in this election cycle, we bet many of you would love to know more about where politicians stand on the subject. So we’ve collected pro-Bitcoin/cryptocurrency/blockchain statements from both Democrat and Republican politicians. 

And yes, some of these politicians are currently running for office and want your vote. Here’s what they have to say:

“Today Wyoming became the first state to approve a banking charter for digital assets. This will allow those using digital assets, like cryptocurrency, to access reliable financial services, protect consumers and allow businesses a way to safely hold digital assets.”

-Wyoming Governor Mark Gordon, Republican, via Twitter

“Blockchain has the profound potential to benefit society and be a driver of economic growth.” 

-Congressman Darren Soto, U.S. Representative for Florida’s 9th district, Democrat, member of the Communications and Technology Subcommittee of the  U.S. House Committee on Energy and Commerce, co-chairmen of the Congressional Blockchain Caucus, and co-chairmen of the New Democrat Coalition Technology Task Force via Florida Daily

“The future is here and crypto has the ability to decentralize control and empower each and every one of us.”

– Congressman Tom Emmer, U.S. Representative for Minnesota’s Sixth Congressional District, Republication, at the first ever Cryptocurrency Town Hall in conjunction with the Chamber of Digital Commerce PAC, via his website

“I am a HODLer. I’ve never sold. I was and am a buyer…. I want to have a diversified asset allocation. I want some assets that produce no income to me, but I can hold as a store-of-value. For someone my age who has other investments that are more vulnerable to our current economy, I am delighted to have one that seems a little bit decoupled from our current economy.”

– Cynthia Lummis, former U.S. Representative for Wyoming’s at-large congressional district, Republican, currently running for U.S. Senate to represent Wyoming, via Coindesk

In response to a question about states pushing for more sensible federal regulation at the ETH Denver event for blockchain stakeholders:

“It’s easy for a [blockchain] company to domicile wherever they choose to domicile, so we need to remove anything that inhibits that kind of innovation in our state. Again, things are not that dire. Last year alone, 50 million dollars was invested in blockchain companies here in Colorado. We have a Chief Blockchain Architect at our Office of Information Technology. We’ve passed several bills in the area. We’re doing a lot of work around ag[ricultural], blockchain and ag, and of course, we did our digital tokens law, exempting them from state securities law.”

-Colorado Governor Jared Polis, Democrat, on his various blockchain-friendly policies

“Something as innovative as bitcoin is an opportunity for us to continue this focus, especially given the fact that it embodies free market principles, which Texans are very fond of.”

– Greg Abbott, Governor of Texas, home of the world’s largest crypto mine, Whinstone Bitcoin Mining Facility

“The world that Satoshi Nakamoto–author of the Bitcoin whitepaper–envisioned, and others are building, is an unstoppable force.”

-Congressman Patrick McHenry, U.S Representative for North Carolina’s 10th District, Republican Leader of the House Financial Services Committee, via CoinTelegraph

Additionaly, Gavin Newsom, Governor of California, was among the first to accept campaign contributions in the form of Bitcoin, as did Governor Abbott of Texas.

And Gina Raimondo, Governor of Rhode Island on wooing blockchain companies to locate there said, “We don’t shy away from being first, being early, being innovative. We are absolutely open for business, and we want to work with you guys.”

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