I believe cryptocurrencies present a significant opportunity to strengthen our financial system, advance financial inclusion, and maintain American global financial leadership. I’m committed to ensuring the growth and competitiveness of this industry, while crafting smart and sensible regulations to guard against risks to financial stability, protect consumers, and mitigate illicit finance and national security risks. When elected, I’d be an advocate for blockchain technology as a member of the Congressional Blockchain Caucus.

I recognize the responsibility Congress has in unlocking the true potential of this technology, while creating guardrails that protect Americans from the risks of offshore and unregulated entities such as FTX. I will be a strong advocate for a regulatory framework that protects Americans interests in this new financial ecosystem, recognizing that entrepreneurs and innovators are helping create a new generation of the internet. There is a clear role for industry and government to collaborate and study the implications of blockchain and digital asset networks, and Congress can and must be that bridge.

In Congress, I will:

• COSPONSOR the Consumer Safety Technology Act, which directs the Secretary of Commerce and the Federal Trade Commission to study and report on the use of blockchain technology and digital tokens, respectively.