As the issue of Stablecoin regulation, it warms up in the US Senate, as is the issue that members are personally invested in cryptocurrency and cryptocurrency companies.
On May 19, the Senate voted in favor of reference to the clot and move forward with the Genius Act, which would provide regulatory framework for Stablecouins. The middle has passed 66-32, and 16 Democrats support the bill.
Democratic concerns about the corruption and connections of politicians with cryptocurrency companies meant that the two -sided controversial movement. After the vote, Senator Colorado Michael Bennet presented the Act on a stable genius. The bill would prevent the Congress members from issuing or investing in a digital currency and would require them to put cryptocurrencies in blind trust during office.
Bills to prevent congress members from investing in companies that regulate have been slightly successful. However, legislators are still obliged to disclose the approximate estimates of their spouse and children’s investments. Here are 11 American senators who have invested in cryptographic companies.
Montana
Tim Sheehy, Republican
Tim Sheehy is a novice of the Senate, first securing his choices in the 2024 cycle. In his campaign, Sheehy contrasted with his opponent, former senator Jon Tester, statement“Crypto represents the future of finance and the Internet and thousands of jobs in America.”
Investments: According to June 2024 filingSheehy has an investment from $ 1 001 to USD 15,000 at Intercontinental Exchange, which offers Futures contracts for cryptocurrencies.
Steve Daines, a Republican
Steve Daines has been in the US Senate for 10 years, establishing an office in 2015. In recent years he has become a supporter of the cryptographic industry, friction Evangelist and general director of the Strategy Michael Saylor and general director of the Strategy Michael Saylor and the CEO of the strategy, Michael Saylor and the CEO of the strategy, Michael Saylor I receiving Digital Future Award from Crypto Council for Innovation.
Investments: In the application in November 2024 Daines Reported Selling shares in stock exchange funds related to cryptocurrency (ETF).
They included ETF Valkyrie Bitcoin and Ether Strategy, Vaneck Bitcoin Strategy, Proshares Bitcoin Strategy ETF, Bitise Crypto Industry Innovators ETF and Proshares Bitcoin Strategy ETF.
Nevada
Jackey Rosen, Democrat
Senator Jacky Rosen currently serves his second term, for the first time she was elected to the Senate in the mid -2018 election in 2018. Her platform states that Blockchain and Crypto “introduce a new era for the digital economy”, stating that Washington must develop a solid legal framework to keep up.
Investments: According to July 24 filingRosen has an investment in PayPal. Giant Payements launched Stablecoin for the first time in April 2023.
Down
And Sullivan, a Republican
Senator Dan Sullivan is currently in the second term, for the first time covered by the office in January 2015, although his colleagues are not as forthright as his colleagues about cryptocurrency and blockchain technology, co -financed the Genius Act and supported a joint resolution with the Chamber of Representatives to change accounting standards for cryptocurrency companies.
Investments: According to August 2024 filingSullivan owns the action in Blackrock, which offers ETFs focused on cryptography.
Oxoplahola
Markwayne Mullin, Republican
Senator Markwayne Mullin took office in January 2023. After winning special elections against Democrat Kendra Horn in 2022 before taking the office of Mullin praised Krypto as a potential pension investment and said that his state may offer Bitcoin Miners favorable conditions. During his stay in the Senate, he supported the genius and repealing the accounting newsletter (SAB) No. 121.
Investments: From the notification in August 2024 Mullin has Actions at Intercontinental Exchange and Blackrock, while his wife owns the PayPal action.
Alabama
Tommy Tuberville, a Republican
Senator Tommy Tuberville is currently taking his first term in the US Senate, for the first time he was elected in 2020. During the office of Tuberville, he came out to support Krypto. In April 2025 he introduced The act allowing Americans put crypto in pension funds. He also vocally maintained Establishment of the Bitcoin reserve.
Investments: According to July 2024 filingTuberville has investments in PayPal.
Katie Britt, a Republican
Senator Katie Britt was first elected to the Senate during 2022 during the campaign she adopted Donations in cryptocurrency from donors. In 2024, she told to “pull Gensler” out of the Securities and Stock Exchange Committee, saying that Biden administration suffered innovation.
Investments: Britt’s husband has ordinary shares in amiable cryptocurrency payments, in accordance with July 2024. filing.
Ohio
Bernie Moreno, Republican
Bernie Moreno is novel in the Senate, providing her place in the federal election in 2024. During the campaign trail and in the Senate, Moreno called for more favorable regulations for the industry. In January he maintained “Day-one” nomination of Paul Atkins President Donald Trump for managing SEC.
Investments: According to the application in August 2024, Moreno has From 500,000 to 1 million USD shares on the EToro internet trading platform, which offers cryptographic trade services.
Western Virginia
Shelley Capito, Republican
Senator Shelley Capito has been served in the Senate since 2015. During her term of office she raised Fears of how cryptocurrencies can be used to finance terrorism. Her voting record is amiable crypto; She supported both the Genius Act and the joint resolution of the SAB 121.
Investments: According to the application from May 2024, her husband had from USD 15 001 to USD 50,000 invested in Blackrock.
Pensilings
Dave McCormick, Republican
Senator Dave McCormick, who previously served as secretary for the International Treasury chaired by President George W. Bush, is a senator of the first term, is elected in 2024 during the campaign, McCormick, McCormick Increased Bitcoin mining industry in its condition. Brian Armstrong, industry characters such as Coinbase CEO spoken In favor of his position on Crypto.
Investments: Application of March 2025 can be seen Many purchases in BitWise Bitcoin ETF.
Rhode Island
Sheldon Whitehouse, Democrat
Sheldon Whitehouse is a senior senator of his condition, serving in Congress since 2011. He has it over the past few years raised concerns about energy consumption by mining bitcoins, as well as Russia’s potential exploit Krypto to avoid US sanctions. He voted against the act on genius and co -financed the Act on digital anti -slip from 2023, which is assessed as “very anti -icrypto”.
Investments: According to August 2024 filingWhitehouse has investments in Tesla, Block and PayPal. All investments range from $ 1 001 to USD 15,000.
This list is not exhausting; There are many companies in which legislators invest, which is affected by cryptocurrency prices and market effects. It also does not include any members of the Chamber of Representatives in which cryptocurrency regulation is similar in work.
Legislators will probably be more interested in investing in crypto, because it becomes a more mainstream and potential obstacles for congress investments flounder And don’t go forward.
