Crypto Council Names Darren Soto Among Top Digital Currency Supporters in Congress
A Global Alliance to Promote Cryptocurrency Innovation and Inclusion Recognizes US Rep. Darren Soto of Orlando as one of nearly 30 members of Congress working to lead America into a “vibrant digital future.”
The Crypto council for innovationwhich launched in April 2021 to advocate for crypto-inclusive policies worldwide, held its first Digital Future Award event on Tuesday in Washington.
Twenty-nine members of Congress from both sides of the political aisle received awards. Soto was the only member from Florida to be recognized.
“The Crypto Council recognizes members of Congress who are first movers, leading the way on a complex and nuanced set of issues,” Crypto Council CEO Sheila Warren said in a statement.
“It will require a broad effort to build and secure the foundations for our digital future. A growth-oriented approach to regulation and public policy will help us realize the promise of digital assets for all, and we commend these leaders for their support and commitment.”
Soto is one of the most outspoken proponents of cryptocurrency and blockchain technology working in Congress today. Along with other Democratic U.S. Reps. Bill Foster from Illinois and Republican US Representatives. Tom Emmer and David Schweikerthe acts as co-chairman in The Congressional Blockchain Caucus.
The Crypto Council also presented Digital Future awards to Emmer and Schweikert.
Soto has also supported many suggestions around blockchain technologyincluding the Digital Taxonomy Act and the Blockchain Innovation Act, which both was included in the Consumer Safety Technology Act who cleaned the house in 2020.
Shortly after the pandemic hit, he took the lead an attempt to use a blockchain platform to streamline the distribution of stimulants. A bipartisan group of 10 other representatives joined Soto, signing a letter that Soto sent to then-Treasury Secretary Steve Mnuchin on the case.
Later that year, his re-election campaign began accepting crypto donations through BitPay, an Atlanta-headquartered bitcoin payment service provider. Soto, who faces the Republican Scotty Moore in the general election on 8 November, still accept such contributions today.
Other Florida elected officials who support crypto include U.S. Reps. Kat Cammack and Byron Donalds — which in April announced the formation of a Central Florida Legislature for Cryptocurrency with Soto, state Sens. Randolph Bracy and Linda Stewart and government representatives. Kamia Brown and Travaris McCurdy — as well as Miami-Dade County Commissioner Danielle Cohen Higginsmayor of Tampa Jane CastorMayor of Miami Francis Suarez.
Govt. Ron DeSantis has also shown favor for crypto. In May, he signed a law define the term “virtual currency” which, taking effect on January 1, 2023, will overturn a 2019 court ruling that prevents people who own bitcoin and other cryptocurrencies from selling them without a license.
Miami Republican Rep. Vance Aloupis sponsored the measure in the Florida House, where it passed unanimously. Republican Sen. Jason Brodeur of Sanford sponsored his companion in the Senate, who cleared the legislature’s upper chamber with only Panama City Republican Sen. Georgie Gainer vote “no”.
Other Digital Future Award recipients this year include:
– The Republican US Senator. Marsha Blackburn of Tennessee
— The Democratic United States Senator. Cory Booker of New Jersey
– The Republican US Senator. John Boozman of Arizona
– The Republican US Senator. Ted Cruz of Texas
– The Republican US Senator. Steve Daines of Montana
— The Democratic United States Senator. Kirsten Gillibrand of New York
– The Republican US Senator. Bill Hagerty of Tennessee
– The Republican US Senator. Cynthia Lummis of Wyoming
— The Democratic United States Senator. Krysten Sinema of Arizona
— The Democratic United States Senator. John Thune of South Dakota
– The Republican US Senator. Pat Toomey of Pennsylvania
– The Republican US Senator. Tommy Tuberville of Alabama
— The Democratic United States Senator. Ron Wyden of Oregon
– The Democratic US Rep. Jake Auchincloss of Massachusetts
– The Democratic US Rep. Joyce Beatty of Ohio
– The Republican US Rep. Ted Budd of North Carolina
– The Republican US Rep. Warren Davidson of Ohio
– The Democratic US Rep. Josh Gottheimer of New Jersey
– The Republican US Rep. Brett Guthrie of Kentucky
– The Republican US Rep. Bill Huizenga of Michigan
– The Democratic US Rep. Calm down Khanna of California
– The Democratic US Rep. Doris Matsui of California
– The Republican US Rep. Patrick McHenry of North Carolina
– The Republican US Rep. GT Thompson of Pennsylvania
– The Democratic US Rep. Ritchie Torres of New York
– The Democratic US Rep. Maxine Waters of California
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