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Early birds: U.S. legislators invested in crypto and their digital asset politics

Published 01/18/2022, 11:54 AM
Updated 01/18/2022, 02:00 PM

According to some estimates, as many as 20% of Americans were invested in cryptocurrencies as of August 2021. While the exact number can vary significantly from one poll to another, it is clear that cryptocurrencies are no longer just a niche passion project for tech enthusiasts or a tool for financial speculation. Rather, digital assets have become a widespread investment vehicle with the prospect of becoming mainstream.

Optimistic as that is, this level of mass adoption still does not enjoy a commensurate political representation, with senior United States politicians largely lagging behind the curve of crypto adoption. This makes the very narrow group of congresspeople who are also hodlers particularly interesting. As a lawmaker, does owning crypto, or at least having some crypto exposure, mean that you also vocally support the digital asset industry?

Michael McCaul

Barry Moore

Marie Newman

Jefferson Van Drew

Michael Waltz

Cynthia Lummis

Pat Toomey

Will the trend continue in 2022?

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