Does David Trone Support Crypto?

Quoted from standwithcrypto.org · 2026-04-04

David Trone completed the Stand With Crypto Questionnaire and advocates for a clear and balanced legislative framework for digital assets, supporting policies that enable businesses to innovate, protect user rights like self-custody, and prevent the de-banking of lawful crypto entities. He believes Congress must establish clear definitions for digital assets as securities or commodities, update market structure laws for trading venues, and sees a role for federal agencies in exploring blockchain technology while maintaining appropriate oversight.

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 standwithcrypto.org · 2024-03-11

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