FIT21
This bill is very pro-crypto.
voted for
Byron Donalds
Republican Congressperson from Florida, 19
Notable statements
CBDC Anti-Surveillance State Act
This bill is somewhat pro-crypto.
cosponsored
Digital Commodity Exchange Act of 2022
This bill is very pro-crypto.
cosponsored
Byron Donalds
@RepDonaldsPress
The passage of the FIT 21 Act not only highlights the role digital assets will play in our country’s future but is a strong, bipartisan rebuke of the extreme overreach by the rogue bureaucratic state, particularly at the @SECGov. pic.twitter.com/Kmc9ThwEz0
Very pro-crypto
Byron Donalds
@RepDonaldsPress
ICYMI: A federal judge just sanctioned @SECGov for using “false," "mischaracterized," & "misleading" evidence in its lawsuit vs. crypto platform DEBT Box.
Gary Gensler's unprecedented political weaponization of the SEC is egregious & wrong.
coindesk.com/policy/2024/03…
Very pro-crypto
Byron Donalds
@RepDonaldsPress
CBDC would give the federal government absolute control over your money.
This is a dangerous threat to freedom.
It is critical that we work to protect the American people from government tyranny & that we never allow the creation of CBDC in America. x.com/GOPMajorityWhi…
Very pro-crypto
Byron Donalds
@RepDonaldsPress
We're in the Information Age.
Our financial regulatory framework is based upon a time when you had to actually present a stock certificate to realize stock ownership–that's not the case today.
We're in a world where cryptocurrency & digital assets have inherent intrinsic value. pic.twitter.com/TIZSu8ELdI
Very pro-crypto
Quoted from blockworks.co on Feb 19th, 2024
Op-Ed published by Representative Byron Donalds in Blockworks:
"As a member of the House Financial Services Committee, I’ve planted my stake in the ground to support access to capital. I want to ensure that government overreach is deterred, especially when it comes to advancing the digital asset marketplace. The House Financial Services and House Agriculture Committees took a major step forward for the digital asset community with the passage of the Financial Innovation and Technology for the 21st Century Act, or FIT, back in July 2023. The bill sets out the first comprehensive regulatory framework for the ecosystem and reigns in the rogue agencies seeking to decapitate the budding industry. Unfortunately, the Upper Chamber — with the help of both Democrats and Republicans — is working overtime to buck the actions of the House in favor of policies to eliminate their decentralized competition. Look no further than Senator Warren, D-Mass’., Digital Asset Anti-Money Laundering Act, and Senator Reed, D-RI’s Crypto Asset National Security Enhancement and Enforcement Act (CANSEE Act)..."
Very pro-crypto
Byron Donalds
@RepDonaldsPress
The digital assets industry is in its infancy stage.
A major concern of mine is if Washington will try to effectuate an outcome in the industry by:
Overregulating industry actors
Getting in the way
Stifling innovation
This has happened before.
It shouldn't happen again. pic.twitter.com/aSzylOAt7i
Overregulating industry actors
Getting in the way
Stifling innovation
This has happened before.
It shouldn't happen again. pic.twitter.com/aSzylOAt7i
Very pro-crypto
Byron Donalds
@RepDonaldsPress
President Trump is right.
CBDC would give the federal government "absolute control over your money" & is a "dangerous threat to freedom."
It is critical that we work to protect the American people from government tyranny & that we never allow the creation of CBDC in our nation. x.com/BitcoinMagazin…
Very pro-crypto
Byron Donalds
@RepDonaldsPress
I want federal government with CLEAR rules of the road.
Ex. Crypto/ Dig. Asset Regulation
Many people are engaged in this new industry but Dems want to overregulate.
How will innovators create thriving small businesses when overregulation creates legitimate barriers to entry? pic.twitter.com/smO8rxK9ma
Very pro-crypto
Byron Donalds
@RepDonaldsPress
I am proud to join my GOP colleagues on the House @FinancialCmte demanding answers on the shady approval of Prometheum Ember Capital LLC as the first and only special purpose broker-dealer for digital assets.
Prometheum's ties to the CCP raise red flags, and we need answers. x.com/FinancialCmte/…
Very pro-crypto
Byron Donalds
@RepDonaldsPress
There are some within the Biden administration calling for extensive limitations on Bitcoin mining, if not a total ban.
They suggest that the large energy usage is harmful to the environment.
This is short-sighted and wrong.
See my full Op-Ed here: cryptonews.net/news/mining/21…
Pending Analysis
Byron Donalds
@RepDonaldsPress
RT @ThinkingCrypto1: Thanks @ByronDonalds @RepDonaldsPress for bringing the heat on corrupt regulator @GaryGensler
Here is my interview w…
Pending Analysis
Byron Donalds
@RepDonaldsPress
I'm proud to announce my Subcommittee assignments on the @FinancialCmte for the 118th Congress.
I look forward to joining the Subcommittee on Financial Institutions & Monetary Policy & the Subcommittee on Digital Assets, Financial Technology & Inclusion.
Let's get to work! pic.twitter.com/UNyvu92VoG
Pending Analysis
Byron Donalds
@RepDonaldsPress
RT @RepTomEmmer: Viewing crypto as merely a financial investment misses the entire point.
Pending Analysis
Byron Donalds
@RepDonaldsPress
RT @BitcoinMagazine: JUST IN - U.S. Rep. Byron Donalds introduces bill to protect #bitcoin investments in retirement accounts 
https://t.…
https://t.…Pending Analysis