Does Beth Van Duyne Support Crypto?

Congresswoman Beth Van Duyne

@RepBethVanDuyne

I had a great time joining my colleagues at the White House as @POTUS signed the GENIUS Act, the first major federal crypto legislation signed into law. A perfect way to wrap up Crytpo week!

2025-07-19T14:43:19.000Z

Congresswoman Beth Van Duyne

@RepBethVanDuyne

Crypto is growing fast, with over 50 million Americans holding some form of it. But our tax code hasn’t kept up, we need clarity in our tax code. Without it, we risk losing our future of financial innovation to countries overseas.

2025-07-18T00:15:13.000Z

Voted for a bill on 2025-07-17

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

Somewhat Pro-Crypto

Voted for a bill on 2025-07-17

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

Congresswoman Beth Van Duyne

@RepBethVanDuyne

Had the opportunity to meet with members of the Texas Blockchain Council, which is an association that is working to make Texas the global leader in bitcoin, blockchain, and digital assets.

2025-05-25T22:16:05.000Z

Voted for a bill on 2025-03-11

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

Congresswoman Beth Van Duyne

@RepBethVanDuyne

ICYMI: Yesterday, my @WaysandMeansGOP colleagues and I voted to advance legislation to support taxpayers impacted by natural disasters and repeal a harmful cryptocurrency rule imposed by Biden.

2025-02-27T18:36:16.000Z

Somewhat Pro-Crypto

Congresswoman Beth Van Duyne

@RepBethVanDuyne

Central Bank Digital Currency (CBDC) undermines Americans' financial privacy and free-market competitiveness. Last week I voted YES on H.R. 5403, the CBDC Anti-Surveillance State Act, to prohibit the Federal Reserve from issuing a CBDC and using it as a tool to control the emonetary policy.

2024-05-29T18:05:30.000Z

Commentary on Stance

Add your own commentary on this bill

Stand With Crypto
marked this stance as somewhat pro-crypto

DoTheySupportIt
marked this stance as very pro-crypto

Took stances on a bill between 2024-03-15T00:00:00.000Z and 2024-05-23T00:00:00.000Z

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.

Timeline

2024-03-15

Somewhat Pro-Crypto

Cosponsored

2024-05-23

Somewhat Pro-Crypto

Voted for - Final Passage Out Of House

Congresswoman Beth Van Duyne

@RepBethVanDuyne

I voted YES for H.R. 4763 to provide a regulatory framework for the digital asset market. This bill will protect consumers and foster innovation in our country!

2024-05-23T01:55:05.000Z

Commentary on Stance

Stand With Crypto
marked this stance as very pro-crypto

DoTheySupportIt
marked this stance as very pro-crypto

Voted for a bill on 2024-05-22

Bill Name

FIT21

Details

Financial Innovation and Technology for the 21st Century Act

Vote Type

Final Passage Out Of House

Voted for a bill on 2024-05-08

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