Mike Rounds
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Mike Rounds's Record on Bitcoin, Cryptocurrencies, and Blockchain
- 6/18/2025, 6:06:57 PM
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June 17, 2025, 05:11 PM: Mike Rounds voted FOR S. 1582 S. 1582 Title: A bill to provide for the regulation of payment stablecoins, and for other purposes.
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 5/20/2025, 8:33:47 PM
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May 19, 2025, 08:41 PM: Mike Rounds voted FOR S. 1582 S. 1582 Title: A bill to provide for the regulation of payment stablecoins, and for other purposes.
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 5/9/2025, 5:44:38 PM
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May 8, 2025, 01:51 PM: Mike Rounds voted FOR S. 1582 S. 1582 Title: A bill to provide for the regulation of payment stablecoins, and for other purposes.
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 3/12/2025, 7:10:31 PM
Positive. +1
March 4, 2025, 05:05 PM: Mike Rounds voted FOR S.J.Res. 3 S.J.Res. 3 Title: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 3/8/2025, 5:57:37 PM
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Senator Rounds Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 3/8/2025, 5:57:30 PM
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Senator Rounds Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 3/5/2025, 6:50:26 PM
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Senator Rounds Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 5/16/2024, 9:33:24 PM
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May 16, 2024, 11:31 AM: Mike Rounds voted FOR H.J.Res. 109 H.J.Res. 109 Title: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121".
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 7/19/2023, 5:07:40 PM
Negative. +1
The U.S. Senate is poised to take another crack at regulating the crypto industry with a new bill that would place stringent anti-money laundering (AML) requirements on decentralized finance (DeFi) protocols. DeFi protocols are financial applications that allow anyone with a crypto wallet to borrow, lend and trade cryptocurrency via smart contracts. They’re harder to regulate than, say centralized companies such as Coinbase, because they operate directly on permissionless blockchains. The bill envisions sidestepping these issues by placing requirements on “anyone who ‘controls’ a DeFi protocol or makes available an application to use the protocol,” likely a reference to groups who build user-friendly frontends for protocols’ otherwise cumbersome smart contracts, as Uniswap Labs does for Ethereum’s top decentralized exchange. “If nobody controls a DeFi protocol, then—as a backstop—anyone who invests more than $25 million in developing the protocol will be responsible for these obligations,” according to the briefing document. These controlling entities would need to vet and collect information on their customers, maintain anti money laundering programs, report suspicious activity to the government, and block sanctioned individuals from using their protocol. The bill would place identity verification requirements on crypto kiosks. It would also expand the Treasury Department’s authority to police alleged money launderers in non-traditional financial settings, including crypto. The bill was introduced Wednesday by Sen. Jack Reed (D-R.I.) a member of the Senate Banking Committee. Mike Rounds (R-S.D.), Mitt Romney (R-UT) and Mark Warner (D-VA) are co-sponsors.
Reference LinkSubmitted By: Anonymous