As the question of stabelcoin regulation is heated in the American Senate, the issue is that members are personally invested in cryptocurrency and cryptocurrency firms.
On May 19, the Senate voted to invite Clotter and proceed with the Genius Act, which would provide a regulatory structure for stabechoin. The remedy was passed from 66–32, with 16 Democrats supporting the bill.
Democratic concerns over corruption and cryptocurrency firms of politicians made bilateral moves controversial. After the vote ended, Colorado’s Senator Michael Bennett introduced the Stable Genius Act. The bill will prevent Congress members from issuing or investing in digital currency and they will need to put their crypto in a blind trust while staying in the office.
To prevent Congress members from investing in companies they regulate, they have got very little success. However, MPs still need to disclose some estimate of their, their spouse and their children’s investment. There are 11 American senators who have invested in crypto firms.
Montana
Tim Shehi, Republican
Tim Shehi is a newcomer for the Senate, who first obtain her election in the 2024 cycle. In her campaign, Shih contrasting herself against her rival, former senator John examiner, They said“Crypto represents the future of finance and internet and thousands of jobs for the US.”
Investment: According to June 2024 AdmissionShehi has an investment between $ 1,001 and $ 15,000 in the intercontinental exchange, providing a futures contract on cryptocurrency.
Steve Danes, Republican
Steve Dans has been in the US Senate for 10 years, considering the office in 2015. In recent years, he has become the proposer of the Crypto industry, Cream Bitcoin (BTC) Egilist and Strategy CEO Michael Siler and Industries Bigwigs with Elbowwings and get A digital future award from the Crypto Council for Innovation.
Investment: In November 2024 Filing, Daines Informed Selling shares in Cryptocurrency-related exchange-traded funds (ETFs).
These included Vulkari Bitcoin and Ether Strategy ETF, Vanac Bitcoin Strategy ETF, Prosepesh bitcoin strategy ETF, bitwaiz crypto industry innovators ETFs and process bitcoin strategy ETFs.
Nevada
Jackie Rosen, Democrat
Senator Jackie Rosen is currently serving his second term in the office, first selected to the Senate in the 2018 Midator Election. His platform states that blockchain and crypto are “entering a new era for the digital economy,” saying that there is a need to develop solid legal structures to maintain Washington.
Investment: By July 24 AdmissionRosen is investment in PayPal. The payment giant first launched its Stabelcoin in April 2023.
Alaska
Dan Sulivan, Republican
Senator Dan Sulivan is currently in his second term, taking office for the first time in January 2015. While cryptocurrency and blockchain techniques were not as vocal as his colleagues, he co-proposed the Genius Act and supported a joint proposal with the House of Representatives to change accounting standards for crypto companies.
Investment: According to August 2024 AdmissionSulivan is the owner of shares in Blackrock, which provides crypto-centered ETFs.
Oklahoma
Markwane Mulin, Republican
Senator Markwane Mulin took over in January 2023 after winning a special election against the Democrat Center Horn in 2022. Before taking office, Mulin Praised Crypto as a potential retirement investment and said that it can rule Proposal Bitcoin mineral favorable conditions. While living in the Senate, he has supported the cancellation of genius and staff accounting bulletin (sab) number 121.
Investment: August 2024 as filing, Mulin Owner Share in the Intercontinental Exchange and Blackrock, while his wife has Payal shares.
Alabama
Tommy Tubberville, Republican
Senator Tommy Tuberville is currently giving his first term in the US Senate, first selected in 2020. Whereas in the office, Tuberville has appeared in support of Crypto. In April 2025, he Pur: Americans a bill to insert crypto into their retirement fund. That is also outspoken Supported Establishment of a bitcoin reserve.
Investment: According to July 2024 AdmissionTuberville has invested in PayPal.
Katie Brit, Republican
Senator Katie Brit was first selected to the Senate during 2022 midnight. While campaigning, he Accepted Donation from donors to cryptocurrency. In 2024, he advocated the “Gensor out” of the Securities and Exchange Commission, Saying The Biden administration was stopping innovation.
Investment: According to July 2024, the husband of British has a common stock in the Crypto-friendly payment firm blocks. Admission,
Ohio
Burney Moreno, Republican
Burney Moreno is new to the Senate, getting its seat in the federal elections of 2024. While living in the campaign trail and Senate, Moreno called for more favorable rules for the industry. In January, he Supported President Donald Trump’s “day-one” nomination Paul Atkins’ head of SEC.
Investment: According to August 2024 filing, Moreno Owner On the online trading platform Etoro between $ 500,000 and $ 1 million shares, which offers crypto trading services.
West Virginia
Shelley Capito, Republican
Senator Shelley Capito has served in the Senate since 2015. During his tenure, he raised Concern about how cryptocurrency can be used for financing terrorism. His voting record is crypto-friendly; He supported both the Genius Act and the United Sankalp to cancel Sab 121.
Investment: According to the May 2024 filing, her husband had between $ 15,001 and $ 50,000 Investment In Blackrock.
Pennsylvania
Dave McCormic, Republican
Senator Dave McCormic, who previously worked as the under secretary of Treasury for International Affairs under President George W. Bush, is a first-term senator that was selected in 2024. In the campaign, McCormic, McCormic Extended Bitcoin mining industry of his state. There are also industry figures like CEO Brian Armstrong, CEO of Coinbase Splitted In favor of your position on Crypto.
Investment: March 2025 filing Show Many purchases in bitwaiz bitcoin ETF.
Rhode Island
Sheldon Whitehouse, Democrat
Sheldon Whitehouse is a senior senator of its state, who has been serving in the Congress since 2011. Over the years, they have raised Bitcoin mining’s energy consumption concerns, as well as ability for Russia Use Crypto to remove US sanctions. He has voted against the Genius Act and co-proposed the 2023 Digital Asset Anti-Mani Laundering Act, which is rated as “very anti-crypto” with Crypto.
Investment: According to August 2024 AdmissionThe Whitehouse has invested in Tesla, Block and PayPal. All investment is between $ 1,001 and $ 15,000.
This list is not exhaustive; There are many companies that invest MPs that are affected by cryptocurrency price movements and market effects. It does not include any member of the House of Representatives, where crypto regulation is equally in functions.
MPs will be more interested in investing in crypto as it becomes more mainstream and possible obstacles for the investment of the Congress. Flounder And failed to move forward.
