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Colin Allred

Does Colin Allred Support Crypto?

Based on previous comments, Colin Allred has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Colin Allred has made about crypto.

Document a missing stance Colin Allred has taken on crypto
profile picture of Colin Allred

US Congressperson in the 32nd district of Texas

3 January, 2023 - 3 January, 2025
Democrat

Links

https://x.com/RepColinAllred
https://allred.house.gov

Very Pro-Crypto

Quoted from subscriber.politicopro.com on 2024-07-26

Rep. Colin Allred, along with several members of Congress and candidates, urged the Democratic National Committee and prospective presidential candidates to endorse pro-crypto policies. They emphasized the importance of adopting a forward-looking approach to digital assets and blockchain technology, highlighting its potential for American innovation, economic growth, and financial inclusion. Their requests include:

  1. Including pro-digital asset language in the party platform.
  2. Selecting a Vice-Presidential candidate knowledgeable in digital asset policy.
  3. Choosing a pro-innovation SEC Chair.
  4. Engaging with industry experts for informed policy-making.
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Somewhat Anti-Crypto

Voted against a bill on 2024-05-23
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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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
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Very Anti-Crypto

Voted against 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
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Very Anti-Crypto

X profile picture of @RepColinAllred
Rep. Colin Allred
@RepColinAllred
In the months before their brutal terrorist attack on Israel, Hamas raised millions in cryptocurrency to fund their operations. I joined my colleagues in asking the Admin for clear steps we can take to curb illicit crypto transactions and stop terrorists from evading sanctions.
tweet image
2023-10-20T15:04:22.000Z
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Pending Position

Quoted from t.co on 2023-10-20

In the months before their brutal terrorist attack on Israel, Hamas raised millions in cryptocurrency to fund their operations.

I joined my colleagues in asking the Admin for clear steps we can take to curb illicit crypto transactions and stop terrorists from evading sanctions.

Commentary on Stance
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Profile picture of AlMustang 🔺⚛️⚡(HIPHOPdoom)
AlMustang 🔺⚛️⚡(HIPHOPdoom)
marked this stance as very anti-crypto

As a Collin Allred supporter, and someone who would almost rather see Hamas in the House before Ted Cruz, I am shocked to see the former Baylor Bear come out against crypto so heavily.