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Ted Budd

Does Ted Budd Support Crypto?

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

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profile picture of Ted Budd

US Senator from North Carolina

Republican

Links

https://x.com/TedBuddNC
https://x.com/SenTedBuddNC
https://budd.house.gov

Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
It's no secret that criminals & terrorists are exploiting digital assets—putting both our financial & national security at risk. Thanks to @SenGillibrand & @SenLummis for joining the effort to prevent illicit abuse of this pro-growth financial tech. budd.senate.gov/2025/07/31/sen…
2025-07-31T21:48:06.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
The Senate’s market structure bill would provide the crypto industry with regulatory certainty needed to unlock new investments & innovation. Grateful for the inclusion of my provisions to ensure self-custody of digital assets & address illicit use of financial technologies.
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Senator Cynthia Lummis
@SenLummis
Today, @SenatorTimScott, @berniemoreno, @SenatorHagerty and I led our colleagues in releasing the discussion draft for market structure legislation that will serve as the foundation for making the U.S. the crypto capital of the world.
2025-07-22T13:26:04.000Z
2025-07-22T20:23:31.000Z
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Very Pro-Crypto

Ted Budd reposted the post below
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Mike Lee
@SenMikeLee
Americans deserve to keep their crypto assets where they choose – not where they’ve been forced by the federal government. Proud to join @SenTedBuddNC’s Keep Your Coins Act to protect Americans’ privacy and right to maintain self-custody of their crypto assets.
2025-07-15T21:04:21.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Self-custody is a founding principle of the digital asset ecosystem and needs to be protected. I introduced the Keep Your Coins Act of 2025 to ensure the federal government cannot infringe on a person’s ability to control their own digital assets. budd.senate.gov/2025/07/15/bud…
2025-07-15T21:32:45.000Z
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Took stances on a bill between 2025-05-20T00:00:00.000Z and 2025-06-17T00:00:00.000Z
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.
Timeline
2025-05-20
Very Pro-Crypto
Voted for - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
2025-06-12
Very Pro-Crypto
Voted for - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
2025-06-17
Very Pro-Crypto
Voted for - Final Passage Out Of Senate
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Proud to support the first-ever digital asset legislation to pass the U.S. Senate. The GENIUS Act will drive American innovation in the financial sector, protect consumers by boosting transparency, & further cement the U.S. dollar as the world’s reserve currency.
2025-06-17T21:34:44.000Z
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Took stances on a bill between 2025-01-21T00:00:00.000Z and 2025-03-04T00:00:00.000Z
Bill Name
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".
Timeline
2025-01-21
Very Pro-Crypto
Cosponsored
2025-03-04
Very Pro-Crypto
Voted for - Final Passage Out Of Senate
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Very Pro-Crypto

Voted for a bill on 2024-05-16
Bill Name
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 Type
Final Passage Out Of Senate
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
What happened at FTX was fraud, plain & simple. Sam Bankman-Fried should be prosecuted to the fullest extent of the law. In order to protect consumers & encourage U.S. innovation, Congress should finally take the lead & establish clear rules for #Crypto.
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2022-12-13T18:21:45.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
It was my honor to receive the bipartisan Digital Future Award from the @crypto_council. I will always be an advocate for embracing new technology and the economic growth it will create. #crypto budd.house.gov/news/documents…
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2022-09-21T13:58:31.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
This afternoon I toured HM Tech LLC in Graham alongside @NC_Blockchain. This facility is a prime example of how we bring the next generation of technology to our shores. #crypto
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2022-07-08T18:23:56.000Z
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Very Pro-Crypto

Ted Budd reposted the post below
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Bitcoin Magazine
@BitcoinMagazine
JUST IN: 8 U.S. Congressmen sent SEC Chair Gensler a bipartisan letter regarding the SEC's #bitcoin & crypto reporting requests, citing its "stifling innovation."
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2022-03-16T16:06:35.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
As the Biden administration wades into #DigitalAssets policy, they must remember that overregulation will drive this new industry -- and the jobs it will create -- overseas. Congress must lead on this & embrace the next generation of innovation. #Crypto coindesk.com/policy/2022/03…
2022-03-09T19:57:44.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
During today's @FinancialCmte hearing, I asked Treasury's Under Secretary for Domestic Finance if federal regulators would front-run Congress and impose heavy limitations on #stablecoins. She said she did not think so. #StableCoin
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2022-02-08T19:54:10.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
I had a great time attending an informative #Crypto briefing with SEC Commissioner Hester Pierce today. We have to make sure the next generation of tech comes from America.
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2022-02-04T19:49:37.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Glad to see that the damaging anti-#Crypto provision in the COMPETES Act will be changed. Public input is essential before implementing drastic regulations. #Blockchain politico.com/news/2022/01/3…
2022-01-31T21:49:25.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
A new provision in the COMPETES Act would allow the Treasury Department to unilaterally prohibit certain financial transactions *without* public input. I've submitted an amendment to fix this massive mistake. #crypto #blockchain budd.house.gov/news/documents…
2022-01-27T16:59:01.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Really troubling news that the Office of the Comptroller of the Currency is putting anti-#crypto stipulations on private finance companies. This is a slippery slope that the federal government should *not* head down. theblockcrypto.com/linked/130722/…
2022-01-19T14:35:52.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Given @BrianBrooksUS's previous experience as head of the OCC, I asked him if the U.S. government is "behind the curve" when it comes fostering a pro-growth environment for #crypto. His answer: "Unquestionably." This has to change. #Bitcoin #cryptocurrency
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2021-12-08T19:42:40.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
The United States has a huge economic opportunity with #crypto. We need to seize it. #blockchain #Bitcoin
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2021-12-08T19:32:18.000Z
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Very Pro-Crypto

Ted Budd reposted the post below
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CryptoLaw
@CryptoLawUS
HEARING: @RepTedBudd: "Chairman Gensler thinks everything is a digital asset he can regulate."
2021-12-08T18:32:20.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
GM to everyone besides Hillary Clinton, who has an outdated view of new financial technologies like #crypto & #Bitcoin. I guess it makes sense. She still struggles with email. bitcoinmagazine.com/culture/hillar…
2021-11-19T16:22:30.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Glad to join a bipartisan group of lawmakers to propose a fix to the #crypto tax provisions in the infrastructure bill. The U.S. needs to be leading the world in digital asset development instead of overregulating it and pushing it overseas. budd.house.gov/news/documents…
2021-11-18T14:35:42.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
I asked CFPB Director Rohit Chopra whether he had any intention to use his regulatory authority to crack down on #Crypto or #blockchain. His response: "No."
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2021-10-27T18:11:26.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
We need to approach #crypto the American way: By embracing new technology & allowing innovators to create things that will better our lives. Check out my latest op-ed in @WashTimes ⬇️⬇️⬇️ https://t.co/Hituj3iBiZ
2021-10-26T13:48:24.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Encouraging to hear the @SECGov Chairman confirm that the SEC has no plans to ban #crypto or #bitcoin. As China doubles down on authoritarian bans, America needs to be open to new financial tech. @FinancialCmte
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2021-10-05T21:09:06.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Glad to join @RepTomEmmer to make sure that the Fed does not undermine decentralized digital assets. "Decentralized digital assets and digital asset ecosystems empower individual Americans and unlock great access to opportunities for all" #Crytpo #CBDC
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Tom Emmer
@GOPMajorityWhip
Today, I sent a bipartisan letter to Federal Reserve Chairman Jerome Powell highlighting the need for private sector digital asset innovation.
2021-09-28T15:53:36.000Z
2021-09-28T16:47:02.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
China's abolishment of #crypto and #Bitcoin is huge opportunity for the U.S. to innovate and lead in this 21st century industry. If America's lives up to our free market principles, we will outpace China's authoritarian, communist system every time.
2021-09-24T15:36:33.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Democrat leadership is shutting out the voices of those who want to keep 21st-century innovations in America. We cannot pay for the so-called infrastructure bill on the backs of everyday #crypto investors. #Bitcoin #cryptocurrency breitbart.com/politics/2021/…
2021-08-25T14:43:33.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
We want the next generation of digital banking to built right here in the USA, not pushed overseas. The amendment from @SenLummis, @SenToomey, & @RonWyden is a positive step to ensure innovation continues to thrive in America. #Crypto #cryptocurrency
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2021-08-05T18:21:09.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
The infrastructure bill's $30 billion in #crypto taxes would destroy American jobs by forcing digital innovation offshore to countries like China. America should be leading the world on this. breitbart.com/politics/2021/…
2021-08-03T15:26:45.000Z
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Very Pro-Crypto

Ted Budd reposted the post below
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Breitbart News
@BreitbartNews
.@RepTedBudd told Breitbart News in an exclusive interview that the cryptocurrency regulations in the so-called bipartisan infrastructure bill are “devastating” for American jobs and the country’s competitiveness in the financial technology industry. trib.al/UOvsdG9
2021-08-03T12:37:34.000Z
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Very Pro-Crypto

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Senator Ted Budd
@SenTedBuddNC
Taxing everyday #crypto investors & innovators like this will undermine U.S. leadership in this industry. Totally self-destructive.
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CoinDesk
@CoinDesk
The new infrastructure deal in Washington includes a proposal to generate $30 billion through increased taxes on crypto transactions. @nikhileshde @realDannyNelson report trib.al/xS274sz
2021-07-28T21:28:51.000Z
2021-07-29T14:22:38.000Z
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