Uniform Treatment of Custodial Assets Act
This bill is very pro-crypto.
cosponsored
Darren Soto
Democratic Congressperson from Florida, 9
Notable statements
CBDC Anti-Surveillance State Act
This bill is somewhat pro-crypto.
voted against
Financial Innovation and Technology for the 21st Century Act
This bill is pending analysis.
voted for
SAB 121 House Joint Resolution
This bill is very pro-crypto.
cosponsored
Digital Commodity Exchange Act of 2022
This bill is very pro-crypto.
cosponsored
Darren Soto
@RepDarrenSoto
$TRUMP is a blatant corruption scheme that makes a mockery of valid cryptocurrency. So is $MELANIA.
Instead of draining the swamp, he’s given it memecoins. Foreign investment in these coins is already banned under the Emoluments Clause. Buyer beware. washingtonpost.com/opinions/2025/…
Pending Analysis
Quoted from coingape.com on Aug 14th, 2024
Florida Congressman Darren Soto, along with his colleagues called on Kamala Harris to take three major actions when it comes to crypto:
- Repealing and revamping the SAB 121 accounting guidelines, vetoed by the Biden Administration in July.
- Passing the FIT21 crypto bill and working with Congress to pass the final bill with clarity on crypto regulations.
- Recognizing the importance of crypto and the benefits associated with the remittance aspect of the same.
Very pro-crypto
Darren Soto
@RepDarrenSoto
It was an honor to provide opening remarks at a @CTATech & @ProgressChamber panel on the importance of digital assets within minority communities.
Proud to work with our partners to protect consumers while encouraging innovation & access to economic growth. pic.x.com/nDVljm7A3f
Very pro-crypto
Darren Soto
@RepDarrenSoto
This week, the Ag Committee passed the Financial Innovation and Technology for the 21st Century Act. This bill addresses regulatory gaps and ensures that consumers are protected in the digital asset markets.
I look forward to our continued dialogue on these issues. pic.x.com/lqGlNIoLl5
Very pro-crypto
Darren Soto
@RepDarrenSoto
Statement on Bipartisan March 16, 2022 Letter to SEC
Rep Soto believes a federal investigation into FTX is more than warranted due to alleged misappropriation. Soto condemns theft of consumer money by any industry, including cryptocurrencies. The SEC should act. pic.x.com/RP8TY67Mvb
Very pro-crypto
Darren Soto
@RepDarrenSoto
The focus of the bipartisan March 16, 2022 letter was on the cryptocurrency industry as a whole. It was approved by Financial Services Committee Oversight legal staff. The letter sought clarity on SEC positions regarding its document request authority for crypto firms in general.
Very pro-crypto
Darren Soto
@RepDarrenSoto
Clarity was needed since there is some debate whether agency jurisdiction over cryptocurrency has been fully established by law. The letter was well within Congress’ oversight duties.
Very pro-crypto
Darren Soto
@RepDarrenSoto
As Co-Chair of the #BlockchainCaucus, Soto will continue to review this investigation to assist in crafting future pro-consumer cryptocurrency policy in Congress.
Very pro-crypto
Darren Soto
@RepDarrenSoto
Rep Soto was one of the first voices in Congress to call for greater regulation of cryptocurrency to protect consumers. He filed & co-introduced Digital Taxonomy Act & Token Taxonomy Act in 2018. He passed parts of DTA out of the House this term to advance these efforts.
Very pro-crypto
Darren Soto
@RepDarrenSoto
ICYMI: Our amendment — which passed with the #CHIPSact last week — will ensure @POTUS is well informed on crypto & blockchain issues. With this new cryptocurrencies advisory specialist, the White House will prioritize these important emerging tech sectors!
forbes.com/sites/jasonbre…
Very pro-crypto
Darren Soto
@RepDarrenSoto
Proud to co-lead a bipartisan letter today to SEC Chair @GaryGensler with @RepTomEmmer, @WarrenDavidson, @RepAuchincloss, @RepDonaldsPress, @RepJoshG, @RepTedBudd, & @RepRitchie regarding the SEC’s overburdensome crypto information seeking process. pic.x.com/bsbDBpLtGI
Very pro-crypto
Darren Soto
@RepDarrenSoto
As #BlockchainCaucus co-chair, I’ve worked for years to develop a #cryptocurrency regulatory framework.
This is key to promote innovation & int’l commerce, & protect consumers.
Proud that @POTUS Biden’s exec order closely tracks our #DigitalTaxonomyAct. washingtonpost.com/business/2022/…
Very pro-crypto
Darren Soto
@RepDarrenSoto
The #AmericaCOMPETES Act includes 3 #TeamSoto tech amendments:
Ensures @NEOcityFL is eligible for semiconductor incentive program funds
Directs @USDOL to analyze the future of AI in the U.S. workforce
Establishes a #blockchain + #crypto advisor within the president's officpic.x.com/eJPaKFK8LlLl
Ensures @NEOcityFL is eligible for semiconductor incentive program funds
Directs @USDOL to analyze the future of AI in the U.S. workforce
Establishes a #blockchain + #crypto advisor within the president's officpic.x.com/eJPaKFK8LlLl
Very pro-crypto
Darren Soto
@RepDarrenSoto
We stand united to ensure more tax certainty for #cryptocurrency and work with the IRS on key reforms. Together, we will continue to support innovation and protect consumers. pic.x.com/xu1Dj2GAqD
Very pro-crypto
Darren Soto
@RepDarrenSoto
Joined bipartisan Blockchain Caucus co-chairs @RepTomEmmer, @RepBillFoster and @RepDavid in a letter to our House colleagues raising concerns about #cryptocurrency tax reforms in Bipartisan Senate Infrastructure bill. pic.x.com/cq2wynyMEZ
Very pro-crypto
Darren Soto
@RepDarrenSoto
I joined @RepTedBudd and @RepTomEmmer to support bipartisan senate amendment to fix #cryptocurrency tax reforms in Bipartisan Infrastructure Package. We will continue to push for American #Crypto innovation! pic.x.com/bl2Jt40Hjd
Very pro-crypto
Darren Soto
@RepDarrenSoto
Our #blockchain & #cryptocurrency bills with @RepGuthrie & @WarrenDavidson just passed the House as part of @RepMcNerney’s #ConsumerSafetyTechnologyAct. US must remain on the forefront of emerging technologies by fostering innovation & ensuring consumer protection. pic.x.com/vhI3FuVJJG
Very pro-crypto
Darren Soto
@RepDarrenSoto
Thanks to @TheJusticeDept for recovering $2.3M in @Bitcoin from criminal cybergroup involved in the crippling #ransomware attack on #ColonialPipeline. We will boost cybersecurity efforts and give these terrorists no quarter! cnbc.com/2021/06/07/us-…
Very pro-crypto
Darren Soto
@RepDarrenSoto
RT @ASP: As cryptocurrencies continue to rise in popularity, hear Rep. @WarrenDavidson & @RepDarrenSoto discuss the potential future of gov…
Very pro-crypto