Reach out to your elected representatives

Discover crypto policymakers

Explore crypto-forward policymakers in the US who align with our mission to expand economic opportunity.

Browse other members
Elizabeth Warren

Elizabeth Warren (D)

Crypto Sentiment

Strongly against

Negative

Positive

Learn about other views

Members of Congress may have views you strongly agree or disagree with. Make sure you check their full platform.

Notable statements

Sen. Elizabeth Warren has 20 statement(s) about crypto.

"As the demand for cryptocurrencies grow, I’m urging @SecYellen and the Financial Stability Oversight Council to address crypto’s risks and regulate the market to ensure the safety of consumers and stability of our financial system."

@SenWarren July 28, 2021 on Twitter

"There’s a crypto-sized hole in our bucket of sanctions against Russia. I’m working on plugging that leak to make sure Russian oligarchs feel as much pressure as possible."

@ewarren March 9, 2022 on Twitter

"Investing in cryptocurrencies is a risky and highly speculative gamble, and @Fidelity's plans to allow Bitcoin investments in Americans' retirement savings plans are a big mistake. @SenTinaSmith and I want answers."

@SenWarren May 9, 2022 on Twitter

"Ordinary investors thought stablecoins were safe, but it turns out they aren’t so stable after all. The TerraUSD crash is a stark reminder that we need rules of the road to protect Americans from losing their life savings in volatile and risky crypto."

@SenWarren May 27, 2022 on Twitter

"Smart move by @USTreasury to sanction this major Russian crypto exchange and go after criminals trying to evade sanctions. I've been ringing the alarm on this, and Congress needs to pass my bill so Treasury has more tools to get the job done."

@SenWarren April 7, 2022 on Twitter

"Cryptocurrency scams are on the rise, leaving consumers with their money gone and no way to get it back. Regulators and Congress need to step up to put guardrails around the crypto market and protect consumers before it's too late."

@SenWarren April 10, 2022 on Twitter

"Criminals can use cryptocurrency to move money in the shadows, opening a door for Putin & his cronies to evade economic sanctions. I want answers from @USTreasury on how they'll ensure crypto doesn’t undermine our response to Russia's invasion of Ukraine."

@SenWarren March 3, 2022 on Twitter

"I've been ringing the alarm bell on crypto, from consumer protection to the environment to national security—especially since Russian elites can use digital assets to undermine sanctions. @POTUS is right to spotlight crypto’s risks and we need strong rules before it’s too late."

@SenWarren March 9, 2022 on Twitter

"Bitcoin mining's energy use has more than tripled since 2019, consuming as much energy as entire countries. It's even driving up electricity costs and harming local environments. I want six cryptomining companies to provide answers on their impact."

@SenWarren January 28, 2022 on Twitter

"Cryptomining has huge environmental costs & is raising energy prices for consumers. Bitcoin alone consumes as much energy as Washington state. I'm calling on Bitcoin company @Greenidge_GREE to provide information on its operations & environmental impact."

@SenWarren December 3, 2021 on Twitter

"Stablecoins pose risks to consumers & to our economy. They’re propping up one of the shadiest parts of the crypto world, DeFi, where consumers are least protected from getting scammed. Our regulators need to get serious about clamping down before it is too late."

@SenWarren December 14, 2021 on Twitter

"The crypto industry claims that crypto is the path to financial inclusion, but bitcoin ownership is even more concentrated within the top 1% than dollars. We need real solutions to make the financial system work for everyone, not just the wealthy."

@SenWarren December 28, 2021 on Twitter

'Bitcoin mining consumes roughly the same amount of electricity as Washington state—putting pressure on our power grids and worsening the #ClimateCrisis. We need to protect our planet and crack down on environmentally wasteful crypto mining practices."

@SenWarren September 7, 2021 on Twitter

"In the face of high and unpredictable crypto fees, small investors could easily get jammed & wiped out. I told SEC Chair @GaryGensler that regulators need to step up to address crypto's regulatory gaps and ensure we're building the inclusive financial system that we need."

@SenWarren September 14, 2021 on Twitter

"In his response to my letter, @GaryGensler says cryptocurrency platforms lack adequate protections for investors. @SECGov needs to take action wherever it can, and I’m going to make sure that Congress steps up, too."

@SenWarren August 11, 2021 on Twitter

"Cryptocurrency is the wild west of our financial system and desperately needs rules of the road to protect investors and our economy. I’m glad SEC Chair @GaryGensler agrees, and I’m going to keep pushing our regulators to act."

@SenWarren August 3, 2021 on Twitter

"Cryptocurrency exchanges don’t have the same commonsense regulations as traditional securities exchanges to protect consumers from scams or manipulation. I’m asking the SEC to explain how it can close the regulatory gaps & ensure a safe crypto marketplace."

@SenWarren July 8, 2021 on Twitter

"Cryptocurrencies’ promises to solve the problems in our banking system haven’t come to pass, but Congress and federal regulators can’t hide out and hope crypto will go away. It won’t. It’s time to confront these issues head on."

@SenWarren July 8, 2021 on Twitter

"Digital currencies offer a lot of potential advantages over cash – but they need to be secure, stable, and accepted everywhere. A digital currency issued and backed by the Federal Reserve could provide the advantages of cryptocurrency without these risks."

@SenWarren June 9, 2021 on Twitter

"Bitcoin requires so much computing activity that it eats up more energy than entire countries. One of the easiest and least disruptive things we can do to fight the #ClimateCrisis is to crack down on environmentally wasteful cryptocurrencies."

@SenWarren June 9, 2021 on Twitter

Crypto bill sponsorship

Sen. Elizabeth Warren has put out 2 crypto bills.

Ransom Disclosure Act

S. 2943

117th Congress

Sponsored
Bill pending

This bill requires certain entities to disclose ransom payments to the Department of Homeland Security (DHS).

Specifically, within 48 hours of paying a ransom, disclosure must be made to DHS by any entity that (1) is engaged in interstate commerce, (2) is engaged in an activity affecting interstate commerce, or (3) receives federal funds.

DHS must publish annually information disclosed, including the total dollar amount paid, without revealing identifying information.

DHS must conduct a study to determine if there are commonalities with respect to the information disclosed and the extent to which cryptocurrency has facilitated the kinds of attacks that resulted in such payments.

DHS must establish a website through which individuals may voluntarily report the payment of a ransom by the individual.

Digital Asset Sanctions Compliance Enhancement Act of 2022

S. 3867

117th Congress

Sponsored
Bill pending

This bill allows additional sanctions against Russia and creates specified reporting requirements regarding digital assets.

Specifically, the President must periodically identify foreign persons who facilitate evasion of Russian sanctions using digital assets. The bill authorizes sanctions against such persons.

The bill requires a U.S. taxpayer engaged in offshore digital asset transactions greater than $10,000 to file an annual Report of Foreign Bank and Financial Accounts with the Financial Crimes Enforcement Network.

The bill allows the Department of the Treasury to prohibit U.S. digital asset trading platforms and transaction facilitators from transacting with Russian digital asset addresses. Additionally, Treasury must report on its progress in implementing the bill and must annually identify foreign digital asset trading platforms that are a high risk for sanctions evasion, money laundering, and other illicit activities.

Reach out to your state representatives.