Does Colin Allred Support Crypto?

Quoted from standwithcrypto.org · 2026-01-23

Colin Allred completed the Stand With Crypto Questionnaire and strongly advocates for comprehensive legislative frameworks that provide clear pathways for digital asset businesses, protect self-custody rights, and define when a digital asset is a security or commodity. He supports initiatives like the CLARITY Act and FIT21, believing the federal government should foster blockchain innovation without stifling it, to ensure American competitiveness in this sector.

Quoted from subscriber.politicopro.com · 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.

Bill

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

Final Passage Out Of House

Bill

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.

Vote

Final Passage Out Of House

Bill

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

Final Passage Out Of House

Quoted from t.co · 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.