GENIUS Act
This bill is very pro-crypto.
Tim Scott
Republican Senator from South Carolina
Strongly supports crypto
Based on 34 statements and 8 votes.
Vote History
Introduced in House
May 1, 2025
cosponsored
Key Cloture Vote
May 20, 2025 - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
voted for
Key Cloture Vote
June 12, 2025 - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
voted for
Final passage out of Senate
June 17, 2025
voted for
S.J. Res 3
This bill is very pro-crypto.
Introduced in House
February 20, 2025
cosponsored
Final passage out of Senate
March 4, 2025
voted for
SAB 121 House Joint Resolution
This bill is very pro-crypto.
Final passage out of Senate
May 16, 2024
voted for
Equal Opportunity for all Investors Act
This bill is somewhat pro-crypto.
Introduced in House
March 24, 2022
cosponsored
Statements
Tim Scott
@SenatorTimScott
Digital assets and crypto are the future - plain and simple.
It was a pleasure to join the Wyoming Blockchain Symposium this morning to discuss how I’m working to keep America on the cutting edge of digital asset innovation. pic.x.com/DWZRjhMJrD
Very pro-crypto
Tim Scott
@SenatorTimScott
SOON: I’m joining the Wyoming Blockchain Symposium to discuss my work on @BankingGOP to deliver on President Trump’s promise to make America the crypto capital of the world.
Tune in at 11:25am ET! youtube.com/watch?v=34fdBE…
Very pro-crypto
Tim Scott
@SenatorTimScott
RT @BankingGOP: Since taking over as Chairman of @BankingGOP, @SenatorTimScott has worked tirelessly to advance digital asset legislation.…
Very pro-crypto
Tim Scott
@SenatorTimScott
RT @BankingGOP: Chairman @SenatorTimScott and @SenLummis in @Cointelegraph: "Crypto entrepreneurs were fleeing America, but we can bring th…
Very pro-crypto
Tim Scott
@SenatorTimScott
My discussion draft for digital asset market structure legislation takes important steps to:
Define Ancillary Assets
Create Disclosure Requirements
Promulgate New Rules
Modernize Securities Regulations
Prevent Illicit Finance
Promote Responsible Banking Innovation
Define Ancillary Assets
Create Disclosure Requirements
Promulgate New Rules
Modernize Securities Regulations
Prevent Illicit Finance
Promote Responsible Banking InnovationVery pro-crypto
Tim Scott
@SenatorTimScott
RT @LeaderJohnThune: Digital assets are the future, and we must ensure America is at the forefront.
Thanks to the work of @SenLummis, @Sen…
Very pro-crypto
Tim Scott
@SenatorTimScott
My colleagues in the House and Senate and I share the same goal: provide clear rules of the road for digital assets.
With a bipartisan, bicameral approach, we are ensuring that the United States is positioned as the global leader in digital asset innovation. foxbusiness.com/politics/senat…
Very pro-crypto
Tim Scott
@SenatorTimScott
Promises made, promises kept!
Thanks to President Trump for signing the first U.S. digital assets legislation into law.
The GENIUS Act will help ensure America is the crypto capital of the world, and protect consumers and strengthen our national security.
Very pro-crypto
Tim Scott
@SenatorTimScott
The GENIUS Act takes a bold step forward to promote innovation and consumer protection for payment stablecoins.
Thank you to @SenatorHagerty for your work in leading this bill, and I look forward to @POTUS signing it into law!
Very pro-crypto
Tim Scott
@SenatorTimScott
President Trump knows that our economic supremacy hinges on our ability to be a global force in the digital assets space.
The United States is open for business, and I am committed to working with my @BankingGOP colleagues to ensure we are the crypto capital of the world. pic.x.com/UfAOkF8GqC
Very pro-crypto
Tim Scott
@SenatorTimScott
I look forward to advancing digital asset market structure legislation here in the Senate.
Today, I released principles that will serve as an important baseline for negotiations on this bill. WATCH: pic.x.com/lPSB71XUeB
Very pro-crypto
Tim Scott
@SenatorTimScott
RT @BankingGOP: .@BreitbartNews: Sen. Tim Scott: Senate-Passed Stablecoin Bill Working to Fulfill Trump’s Mission to Make America ‘Cryptocu…
Very pro-crypto
Tim Scott
@SenatorTimScott
The Senate just passed the GENIUS Act — bipartisan stablecoin legislation I championed to secure America’s leadership in digital assets, protect consumers, and bolster U.S. national security.
Let’s get this bill to President Trump’s desk. scott.senate.gov/media-center/p…Very pro-crypto
Tim Scott
@SenatorTimScott
When I became chairman of @BankingGOP, I promised to prioritize digital assets legislation – and we quickly got to work.
With the GENIUS Act, we’re delivering on that promise. washingtonexaminer.com/restoring-amer…
Very pro-crypto
Tim Scott
@SenatorTimScott
The GENIUS Act sends a clear message: under President Trump, the United States will lead in the digital asset revolution. washingtonexaminer.com/restoring-amer…
Very pro-crypto
Tim Scott
@SenatorTimScott
Next week, the Senate has the opportunity to make history and pass the GENIUS Act.
This will ensure stablecoin innovation happens here in America – protecting consumers, bolstering our national security, and expanding financial inclusion. pic.x.com/txMARj0XyZ
Very pro-crypto
Tim Scott
@SenatorTimScott
RT @BankingGOP: Chairman @SenatorTimScott pledged to prioritize digital assets on @BankingGOP.
With the GENIUS Act, Chairman Scott is deli…
Very pro-crypto
Tim Scott
@SenatorTimScott
.@RepFrenchHill and I understand that our regulatory framework for digital assets must encourage innovation in the United States, not overseas. Working together, we can unlock pathways for success and empower communities to thrive. Thank you, @DigitalChamber, for having us! pic.x.com/6d7rqAumoT
Very pro-crypto
Tim Scott
@SenatorTimScott
The United States will be the country that leads in digital asset innovation for generations to come.
The GENIUS Act is a leap in the right direction.
As @BankingGOP Chairman, my colleagues and I will continue to help @POTUS deliver on his promises to the American people. pic.x.com/pCfgtkFRdi
Very pro-crypto
Tim Scott
@SenatorTimScott
When I became Chairman of @BankingGOP, I committed to championing serious, bipartisan solutions that make a difference for hardworking Americans. Yesterday we advanced the FIRM and GENIUS Acts – legislation to combat debanking and establish a regulatory framework for stablecoins.
Very pro-crypto
Tim Scott
@SenatorTimScott
Historic day at @BankingGOP.
Bipartisan stablecoin legislation now heads to the Senate floor.
Let’s get the GENIUS Act to @POTUS’s desk. pic.x.com/49Y6m6OMZw
Very pro-crypto
Tim Scott
@SenatorTimScott
I’m grateful to @USOCC Acting Comptroller Hood for taking much-needed action to rescind harmful Biden-era guidance which made it difficult for the digital assets industry to access financial services. Let's make the U.S. the crypto capital of the world! occ.gov/news-issuances…
Very pro-crypto
Tim Scott
@SenatorTimScott
I joined my colleagues @SenatorHagerty, @SenLummis, & @SenGillibrand in introducing the bipartisan GENIUS Act.
This legislation – which provides a regulatory framework for stablecoins - will expand financial inclusion & ensure the industry can innovate & grow here in the U.S. x.com/SenatorHagerty…
Very pro-crypto
Tim Scott
@SenatorTimScott
Cutting off banking services to digital asset firms, political figures, and conservative-aligned businesses and individuals is unacceptable and un-American.
Stay tuned: On February 5, @BankingGOP will be holding a hearing on debanking. pic.x.com/zaeO7YBh4z
Very pro-crypto
Tim Scott
@SenatorTimScott
#Crypto has the potential to democratize the financial world.
I look forward to working with President Trump, David Sacks, and my colleagues in Congress to develop a regulatory framework for digital assets that encourages innovation here in the United States, not overseas. pic.x.com/DWNufTFR2i
Very pro-crypto
Tim Scott
@SenatorTimScott
At the last minute, Democrats postponed a vote on President Biden’s anti-crypto, climate activist nominees.
These votes should be cancelled altogether – and this dysfunction and lack of transparency is just a last gasp of this failed, lame-duck administration. pic.x.com/bd3HGVrgZ0
Very pro-crypto
Tim Scott
@SenatorTimScott
Always great to join my friend @SenLummis to discuss financial innovation and digital assets!
On @BankingGOP, we'll continue fighting for rules and regulations for digital assets that promote innovation, protect consumers, and keep opportunity here in America, not overseas. pic.x.com/Rca6QsWyZ0
Very pro-crypto
Tim Scott
@SenatorTimScott
The Biden administration wants to impose a 30% tax on bitcoin mining. And @SECGov Chair Gary Gensler has shown hostility to the industry at every turn.
We need a regulatory environment that encourages innovation here at home, not overseas.
#Bitcoin2024 pic.x.com/9QHL5D67W1
Very pro-crypto
Tim Scott
@SenatorTimScott
RT @SenLummis: #Bitcoin is the key to a brighter financial future for every single American. So excited to have @SenatorTimScott join me to…
Very pro-crypto
Tim Scott
@SenatorTimScott
Excited to join my friend @SenLummis at Bitcoin 2024 today to discuss the future of crypto in America! Tune in at 3pm CT/4pm ET 
https://t.co/jDsYL6026r
https://t.co/jDsYL6026rVery pro-crypto
Tim Scott
@SenatorTimScott
As the top Republican on @BankingGOP, I’m fighting to ensure rules and regulations don’t stifle innovation.
#Bitcoin2024 pic.x.com/9BLBWBjcxj
Very pro-crypto
Tim Scott
@SenatorTimScott
Bitcoin is about bringing resources back into the communities that need it most and giving all Americans a chance.
#Bitcoin2024 pic.x.com/cbMnnoJdfd
Very pro-crypto
Quoted from www.banking.senate.gov on Feb 14th, 2023
In his opening statement at today’s U.S. Senate Banking Committee hearing on digital assets, Ranking Member Tim Scott (R-S.C.) explained the importance of safe and sound financial innovation. In addition to calling for Chair Gensler’s testimony before the Committee, the Ranking Member urged his colleagues to pursue a thoughtful, balanced approach to digital assets that protects consumers and promotes innovation and opportunity.
Somewhat pro-crypto
Quoted from www.lummis.senate.gov on May 27th, 2021
Tim Scott sits on the Financial Innovation Caucus of the U.S. Senate. The caucus will serve as a space in the Senate to discuss domestic and global financial technology issues, and to launch legislation to empower innovators, protect consumers and guide regulators, while driving U.S. financial leadership on the international stage.
Somewhat pro-crypto