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John Olszewski Jr.

Does John Olszewski Jr. Support Crypto?

Based on previous comments, John Olszewski Jr. has indicated they are somewhat pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary John Olszewski Jr. has made about crypto.

Document a stance John Olszewski Jr. has taken on crypto
profile picture of John Olszewski Jr.

US Congressperson in the 2nd district of Maryland

Democrat

Links

https://x.com/JohnnyOJr
https://x.com/RepJohnnyO
https://gojohnnyo.com/endorsements/

Very Pro-Crypto

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
bb
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Somewhat Anti-Crypto

Voted against 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
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Very Pro-Crypto

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
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Very Pro-Crypto

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

John Olszewski, 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 Pro-Crypto

Quoted from gojohnnyo.com on 2024-01-01

Olszewski's campaign website mentioned support for blockchain and crypto:

"Embracing emerging technologies like blockchain and cryptocurrency presents exciting opportunities for economic growth and financial inclusion. Johnny believes in harnessing the potential of these technologies while ensuring robust regulatory frameworks to protect consumers and safeguard against illicit activities."

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