John Deaton has obtained an official endorsement from the Stand with Crypto PAC in his bid to problem Senator Elizabeth Warren for her US Senate seat, amid a wave of broader endorsements.
In complete, Stand with Crypto has endorsed 20 Republicans and 19 Democrats, highlighting the bipartisan help for Bitcoin and crypto amongst largely youthful US politicians. The vast majority of politicians listed as ‘anti-crypto’ on the Stand with Crypto web site are over the age of 70, together with Elizabeth Warren (75.)
Additional, whereas extra Republicans have a pro-crypto stance than Democrats, solely 41 US politicians are firmly towards crypto because the divide lessens.
| Identify | Social gathering | Place | State/District | Statements | Crypto Letter Grade |
|---|---|---|---|---|---|
| Tom Emmer Jr. | R | Rep | MN 6 | 336 | A |
| Yadira Caraveo | D | Rep | CO 8 | 17 | A |
| Shomari Figures | D | Political Determine | AL 2 | 3 | A |
| Lori Chavez-DeRemer | R | Rep | OR 5 | 5 | A |
| Marc Molinaro | R | Rep | NY 19 | 5 | A |
| Marsha Blackburn | R | Senator | TN | 5 | A |
| Mike Lawler | R | Rep | NY 17 | 7 | A |
| Pat Ryan | D | Rep | NY 18 | 3 | A |
| Rick Scott | R | Senator | FL | 5 | A |
| Ritchie Torres | D | Rep | NY 15 | 29 | A |
| Ro Khanna | D | Rep | CA 17 | 10 | A |
| Sarah McBride | D | Political Determine | DE At-Giant | 2 | A |
| Kirsten Gillibrand | D | Senator | NY | 18 | A |
| Steven Horsford | D | Rep | NV 4 | 5 | A |
| Suhas Subramanyam | D | Political Determine | VA 10 | 3 | A |
| Ted Cruz | R | Senator | TX | 57 | A |
| Timothy Kennedy | D | Rep | NY 26 | 3 | A |
| Troy Downing | R | Political Determine | MT 2 | 10 | A |
| Younger Kim | R | Rep | CA 40 | 9 | A |
| Zach Nunn | R | Rep | IA 3 | 15 | A |
| Jake Auchincloss | D | Rep | MA 4 | 16 | A |
| Brian Jack | R | Political Determine | GA 3 | 2 | A |
| Brittany Pettersen | D | Rep | CO 7 | 5 | A |
| Byron Donalds | R | Rep | FL 19 | 18 | A |
| Dan Goldman | D | Rep | NY 10 | 6 | A |
| Darren Soto | D | Rep | FL 9 | 23 | A |
| David Schweikert | R | Rep | AZ 1 | 4 | A |
| Don Davis | D | Rep | NC 1 | 5 | A |
| French Hill | R | Rep | AR 2 | 79 | A |
| Andy Barr | R | Rep | KY 6 | 14 | A |
| Anthony D’Esposito | R | Rep | NY 4 | 5 | A |
| Jared Moskowitz | D | Rep | FL 23 | 3 | A |
| Jasmine Crockett | D | Rep | TX 30 | 6 | A |
| Jim Banks | R | Rep | IN 3 | 2 | A |
| Jim Costa | D | Rep | CA 21 | 3 | A |
| Jim Justice | R | Political Determine | WV | 2 | A |
| John Rose | R | Rep | TN 6 | 24 | A |
| John Deaton | R | Political Determine | MA | 6 | A |
| Josh Gottheimer | D | Rep | NJ 5 | 39 | A |
Stand with Crypto endorsements.
Deaton, a trial legal professional, and U.S. Marine veteran has positioned himself as a robust advocate for the crypto business. He launched the CryptoLaw platform in 2021 to offer data and evaluation on authorized and regulatory developments affecting digital belongings in the USA.
The candidate has made a number of pro-crypto statements, arguing that blockchain expertise affords transparency and traceability that would profit regulation enforcement. “The NSA, the FBI, the CIA, have all come out and stated they hope that criminals use Bitcoin. It’s an open, distributed ledger. You possibly can hint each single transaction,” Deaton said in an interview.
In distinction, Senator Warren has taken a extra important stance on cryptocurrencies. At a Senate Armed Providers Committee listening to, Warren highlighted nationwide safety considerations associated to crypto, stating, “Something Congress does to legitimize and develop the crypto market will need to have sturdy protections so we don’t enhance money-making alternatives for Iran and different adversaries.”
The Stand with Crypto PAC’s help for Deaton aligns with its mission to again pro-crypto candidates throughout the political spectrum. The group has endorsed a number of different candidates for the 2024 elections, together with each Republicans and Democrats.
Warren’s anti-crypto agenda and her promise to rally an “anti-crypto military” and suggest payments to manage cryptocurrencies have made her a focus for these supporting extra favorable laws for the business.
Deaton has been vocal about what he perceives as regulatory overreach within the crypto area. He just lately claimed that the Securities and Alternate Fee’s actions towards the crypto business have value small traders $15 billion in losses.
The Massachusetts Senate race is shaping as much as be a big battleground for crypto coverage, with Deaton and Warren representing starkly totally different approaches to regulating and adopting digital belongings.
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