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Josh Gottheimer

Josh Gottheimer (D)

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Notable statements

Rep. Josh Gottheimer has 15 statement(s) about crypto.

"For crypto to thrive here in the U.S. instead of overseas, we must provide more certainty & the right guardrails to boost innovation & protect consumers. That's why I unveiled the Stablecoin Innovation & Protection Act to define qualified stablecoins.⬇️"

@RepJoshG June 23, 2022 on Twitter

"Cryptocurrency is here to stay. That's why it’s critical that we put the necessary guardrails in place to allow the industry to grow — and why I'm working on a stablecoins bill that will do exactly that."

@RepJoshG February 3, 2022 on Twitter

"During a Financial Services Committee hearing, I asked the Acting Director of the Financial Crimes Enforcement Network about the agency's anti-money laundering & counterterrorism financing efforts, including what’s preventing bad actors from utilizing crypto as a finance tool.👇"

@RepJoshG May 10, 2022 on Twitter

"Terrorists take advantage of crypto to finance their crimes and we need modern tools to stop bad actors. I proposed legislation to invest in better blockchain analysis tools and training for the @Treasury’s Office of Terrorism and Financial Intelligence. The Office of Terrorism and Financial Intelligence has repeatedly asked for resources and it's high time we invest in protections against crypto-related crime and cybercrime. We can't wait for the next ransomware attack or allow terrorists to finance their attacks with crypto."

@RepJoshG August 1, 2022 on Twitter

"Watch my weekly update here! 📺⬇️ This week, I introduced a new bill to fight NJ's doctor shortage, I questioned Facebook on #fintech and #crypto during our Financial Services hearing, I voted to cut the Cadillac Tax on health insurance plans - which was brought to the House... ...floor by the @ProbSolveCaucus' Consensus Calendar, I helped lead a repeal to reinstate the charitable tax deduction & continue our fight for SALT, and next week the House will vote on the bipartisan anti-BDS resolution to combat bias & anti-Semitism."

@RepJoshG July 19, 2019 on Twitter

"For cryptocurrency to thrive here in the US, instead of overseas, we must provide more certainty to help boost innovation & protect consumers. That's why I’m releasing the Stablecoin Innovation and Protection Act to define qualified stablecoins. ⬇️"

@RepJoshG February 15, 2019 on Twitter

"Terrorists take advantage of crypto to finance their crimes and we need modern tools to stop bad actors. I proposed legislation to invest in better blockchain analysis tools and training for the @Treasury’s Office of Terrorism and Financial Intelligence."

@RepJoshG August 1, 2022 on Twitter

"Joined @SquawkCNBC this morning to talk about how my new stablecoin legislation can help prevent a run on the crypto market which hurts consumers. Just last week, @Tether_to and @terra_money — whose financial stability is unclear — experienced runs and shocked the market. We need qualified & defined stablecoins backed by the U.S. dollar or equivalents to help boost innovation, protect consumers, and prevent runs on the market. My stablecoin legislation will do just that."

@RepJoshG May 17, 2022 on Twitter

"As a founding member of the @FSCDems Digital Assets Working Group, I look forward to working with my colleagues to ensure that there is responsible and secure innovation in cryptocurrency & #fintech."

@RepJoshG June 17, 2021 on Twitter

"Crypto offers tremendous potential for our economy. But for it to grow and thrive here in the U.S., instead of overseas, we must provide more direction and certainty to the marketplace to help boost innovation and protect consumers. Watch for more👇"

@RepJoshG March 26, 2022 on Twitter

"Learn why my new #stablecoin legislation has support from crypto and how it protects Americans and drives innovation 👆"

@RepJoshG February 18, 2022 on Twitter

"Foreign terrorist organizations including al Qaeda, ISIS, Hezbollah, and Hamas are constantly evolving and using new tactics to threaten our way of life, including utilizing cryptocurrency to raise funds for acts of terror. We must continue to stay one step ahead."

@RepJoshG August 26, 2021 on Twitter

"Before the Capitol attack, $522,000 of Bitcoin was sent to several alt-right groups & extremists. I'm calling on @TheJusticeDept & federal agencies to redouble investigation efforts and brief Congress on cryptocurrency funding for these extremist groups."

@RepJoshG January 19, 2021 on Twitter

"Crypto offers untapped potential for our nation and our economy. But for them to grow and thrive in the U.S., instead of overseas, we need to lay the foundation with commonsense & bipartisan direction for the marketplace, helping drive innovation while keeping Americans safe. Learn about how I’m securing our nation's future in cryptocurrencies like stablecoins 👇👇👇"

@RepJoshG April 1, 2022 on Twitter

"ISIS, al Qaeda and other foreign terrorist organizations are utilizing cryptocurrency to raise funds for acts of terror, which is why I'm asking @USTreasury & @TheJusticeDept to brief us on their recent seizure of terrorist crypto assets and on... (1/2)... what's being done to protect the U.S. financial system from attacks. (2/2)"

@RepJoshG August 30, 2020 on Twitter

Crypto bill sponsorship

Rep. Josh Gottheimer has put out 2 crypto bills.

National R & D Strategy for Distributed Ledger Technology Act of 2022

H.R. 8065

117th Congress

Co-sponsored
Bill pending

To authorize the development of a national strategy for the research and development of distributed ledger technologies and their applications, to authorize awards to support research on distributed ledger technologies and their applications, and to authorize an applied research project on distributed ledger technologies in commerce.

Token Taxonomy Act

H.R. 1628

117th Congress

Co-sponsored
Bill pending

This bill specifies that digital tokens, such as those used in virtual currencies, are not securities for regulatory purposes. The bill also provides for the tax treatment of virtual currencies, including by excluding from gross income any gains from virtual currency transactions up to $600, retroactive to January 1, 2021.

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