Does Angie Craig Support Crypto?

Quoted from standwithcrypto.org · 2026-04-17

Angie Craig completed the Stand With Crypto Questionnaire and expressed strong support for clear legislative frameworks for digital assets, including defining when an asset is a security or commodity and ensuring accessible pathways for digital asset businesses. She champions the right to self-custody digital assets, supports ending de-banking for lawful crypto users, and advocates for updating U.S. market structure laws to accommodate digital asset trading, while also being an original cosponsor of the CLARITY Act to improve consumer protection and onshore operations.

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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.

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Final Passage Out Of House

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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.

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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".

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Final Passage Out Of House

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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.

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Final Passage Out Of House

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FIT21

Details

This bill establishes a comprehensive regulatory framework for digital assets, assigning primary jurisdiction over "digital commodities" to the CFTC and "restricted digital assets" to the SEC. It defines key terms like "digital asset," "digital commodity," and "permitted payment stablecoin," and creates a mechanism for digital assets to transition from securities to commodities upon achieving sufficient decentralization. The legislation also outlines registration requirements for various digital asset intermediaries and mandates studies on decentralized finance and non-fungible digital assets.

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Final Passage Out Of House

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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.

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Final Passage Out Of House

Quoted from standwithcrypto.org · 2024-05-01

Representative Angie Craig completed the Stand With Crypto Questionnaire and demonstrated support for crypto and digital assets. She emphasized the importance of crypto in driving technological innovation, economic growth, and job creation. Representative Angie Craig supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.

Quoted from youtu.be · 2023-07-27

Representative Craig proposed amendments during the markup of H.R. 4763, the Financial Innovation and Technology for the 21st Century Act in the House Agriculture Committee. Committee Amendment 14, which focused on consumer protection while allowing for innovation, received support from Chairman GT Thompson and was subsequently adopted. Chairman GT Thompson expressed appreciation during the markup, stating, "I appreciate Representative Craig's Amendment which really brings greater customer protections to the marketplace, this amendment is consistent with the bill's focus on strong customer protections..." Committee Amendment 14, authored by Craig and revised, was agreed to by voice vote.