DoTheySupportIt grades politicians on crypto from how they vote and what they say. How it works

US Senator from Connecticut

Does Richard Blumenthal Support Crypto?

Democrat

6 votes · 3 sponsorships · 15 statements

Latest · Vote on CLARITY ActVery Anti-Crypto

Crypto grade

Very Anti-Crypto

Based on 24 stances

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

Document a missing stance

Full record

Voted against a bill on

Bill: 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: Procedural Action
Significance: Cloture

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Crypto is the currency of choice for crooks. Lori Flowers shares her story as a victim of crypto-enabled transnational organized crime—in order for them to succeed, her scammers needed crypto. We cannot keep giving the bad guys an easy button.

Very Anti-CryptoAdd commentary

Sponsored a bill on

Bill: A resolution directing the Senate Legal Counsel to bring a civil action in the name of the Senate to enforce the Foreign Emoluments Clause contained in clause 8 of section 9 of article I of the Constitution of the United States.
Details: This resolution directs the Senate Legal Counsel to file a lawsuit against President Donald J. Trump for alleged violations of the Foreign Emoluments Clause. It highlights several business transactions as unauthorized foreign emoluments, including a $500 million foreign investment in the Trump family's cryptocurrency project, World Liberty Financial, a multi-billion dollar stablecoin deal involving Binance, and the sale of $635 million in a $TRUMP memecoin to foreign nationals.

Neutral on CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

The CFTC has become a craven tool of prediction markets & shady crypto firms—ignoring national security risks while bullying state regulators & retaliating against staff attempting to enforce the law. nytimes.com/2026/05/24/us/…

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Congress cannot continue to ignore Trump’s crypto corruption—favorable treatment & settlements for its business partners—as it races ahead on more cryptocurrency legislation & as the CFTC lets the prediction markets promote illicit & dangerous gambling.

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Binance’s evasive response completely dodges my questions & does little to ease my concerns that sanctioned entities, terrorist organizations, & other criminal actors have been surreptitiously laundering nearly $2B using its cryptocurrency exchange since its 2023 consent order.

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Trump’s crypto ventures are merely a pay-to-play bribery scheme for gov’t favors. Justin Sun propped up Trump’s memecoin & bought a seat at the President’s VIP crypto dinner. In return, he gets a generous SEC settlement for Tron’s history of massive fraud. nytimes.com/2026/03/05/us/…

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

In racing to finish the crypto industry’s wish list, Congress should remember the lesson of Silicon Valley Bank—tech money comes fast but disappears even faster, leaving taxpayers & investors on the hook for bailouts & losses. foxnews.com/opinion/sen-ri…

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

New laws are needed to establish crypto guardrails & safeguards, but the GENIUS Act is ineffectual or worse. 2

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

The GENIUS Act emboldens Trump crypto corruption & industry self-enrichment without protecting consumers. Our amendments seeking to bar presidential schemes & criminal money laundering were blocked. 1/

Very Anti-CryptoAdd commentary

Took stances on a bill between and

Bill: 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.

Timeline

Very Anti-Crypto

Voted against - Final Passage Out Of Senate

Very Anti-Crypto

Voted against - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Very Anti-Crypto

Voted against - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Add commentary

Richard Blumenthal

@SenBlumenthal

The Trump family & Big Tech are eager to enrich themselves & consolidate financial power through crypto ventures & stablecoins. My colleagues & I have sensible amendments to the GENIUS Act to avert these risks. Senate Rs should let us vote on these fixes, not jam the bill through

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Sheldon Xia is the founder of BitMart, a crypto exchange registered in the Cayman Islands. Xia posted on X celebrating his spot on tonight's guest list, saying he was proud to support Trump's pro-crypto vision.

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Trump says $50 million for his “big, beautiful” birthday parade is just “peanuts.” To veterans he's fired, it could pay to hire them back. Maybe it's “peanuts” if you’re making millions on crypto schemes, but it's real money taken from veterans’ pockets. nbcnews.com/politics/trump…

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

The scope&scale of Trump’s brazen, craven crypto corruption is staggering. He has made it clear he is going to use the Presidency to make as much money as he can in office—conflicts of interest&national security threats be damned. That’s why an investigation is beyond necessary.

USA TODAY

@USATODAY

Trump returned to the White House days after launching a cryptocurrency meme coin that analysts say is now worth a fortune. usatoday.com/story/news/pol…

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

No ordinary entrepreneur would even dream of this kind of crypto deal. Crypto may seem complex&confusing but this catastrophic abuse of power is very simple. It’s undisguised greed. nytimes.com/2025/05/01/us/…

Somewhat Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Arrogant&avaricious beyond words, crypto corruption in Trump's aspiring autocracy cries out for Congressional investigation. The public needs to know how Trump&his sycophants are brazenly, blatantly exploiting power&self-enriching. Trump’s DOJ, SEC can’t be counted on to stop it.

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

No, to funding research that helps find a cure for cancer. No, to supporting the Veterans Crisis Line. Yes, to funneling taxpayer dollars into a cryptocurrency stockpile that only benefits Trump’s tech cronies. bbc.com/news/articles/…

Very Anti-CryptoAdd commentary

Voted against a bill on

Bill: S.J. Res 3
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: Final Passage Out Of Senate

Very Anti-CryptoAdd commentary

Cosponsored a bill on

Bill: Crypto ATM Fraud Prevention Act of 2025
Details: This bill, titled the "Crypto ATM Fraud Prevention Act of 2025," mandates extensive registration and reporting requirements for virtual currency kiosk operators to the Treasury Secretary. It requires detailed disclosures to customers, physical receipts, and a refund policy for fraudulently induced transactions. The bill also imposes anti-fraud policies, including the use of blockchain analytics and the appointment of a compliance officer. For new customers, it introduces transaction limits and a requirement for live verbal confirmation for transactions over $500 to prevent fraud.

Somewhat Anti-CryptoAdd commentary

DoTheySupportIt grades politicians on crypto from how they vote and what they say. How it works

US Senator from Connecticut

Does Richard Blumenthal Support Crypto?

Democrat

6 votes · 3 sponsorships · 15 statements

Latest · Vote on CLARITY ActVery Anti-Crypto

Crypto grade

Very Anti-Crypto

Based on 24 stances

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

Document a missing stance

Full record

Voted against a bill on

Bill: 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: Procedural Action
Significance: Cloture

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Sponsored a bill on

Bill: A resolution directing the Senate Legal Counsel to bring a civil action in the name of the Senate to enforce the Foreign Emoluments Clause contained in clause 8 of section 9 of article I of the Constitution of the United States.
Details: This resolution directs the Senate Legal Counsel to file a lawsuit against President Donald J. Trump for alleged violations of the Foreign Emoluments Clause. It highlights several business transactions as unauthorized foreign emoluments, including a $500 million foreign investment in the Trump family's cryptocurrency project, World Liberty Financial, a multi-billion dollar stablecoin deal involving Binance, and the sale of $635 million in a $TRUMP memecoin to foreign nationals.

Neutral on CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

New laws are needed to establish crypto guardrails & safeguards, but the GENIUS Act is ineffectual or worse. 2

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Took stances on a bill between and

Bill: 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.

Timeline

Very Anti-Crypto

Voted against - Final Passage Out Of Senate

Very Anti-Crypto

Voted against - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Very Anti-Crypto

Voted against - Key Cloture Vote (Procedural Action)

Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.

Add commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

USA TODAY

@USATODAY

Trump returned to the White House days after launching a cryptocurrency meme coin that analysts say is now worth a fortune. usatoday.com/story/news/pol…

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Somewhat Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Richard Blumenthal

@SenBlumenthal

Very Anti-CryptoAdd commentary

Voted against a bill on

Bill: S.J. Res 3
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: Final Passage Out Of Senate

Very Anti-CryptoAdd commentary

Cosponsored a bill on

Bill: Crypto ATM Fraud Prevention Act of 2025
Details: This bill, titled the "Crypto ATM Fraud Prevention Act of 2025," mandates extensive registration and reporting requirements for virtual currency kiosk operators to the Treasury Secretary. It requires detailed disclosures to customers, physical receipts, and a refund policy for fraudulently induced transactions. The bill also imposes anti-fraud policies, including the use of blockchain analytics and the appointment of a compliance officer. For new customers, it introduces transaction limits and a requirement for live verbal confirmation for transactions over $500 to prevent fraud.

Somewhat Anti-CryptoAdd commentary