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Suhas Subramanyam

Does Suhas Subramanyam Support Crypto?

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

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profile picture of Suhas Subramanyam

US Congressperson in the 10th district of Virginia

Democrat

Links

https://x.com/SuhasforVA
https://x.com/RepSuhas
https://www.suhasforvirginia.com/

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 Pro-Crypto

Voted for 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

Suhas Subramanyam, 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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Very Pro-Crypto

Quoted from secure.demsgive.org on 2024-05-01

Suhas Subramanyam has an option to donate to his campaign with crypto.

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Somewhat Pro-Crypto

Quoted from standwithcrypto.org on 2024-04-02

Suhas Subramanyam 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. Suhas Subramanyam supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.

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