A growing number of lawmakers have discussed crypto on Capitol Hill, but how many representatives have actually gotten hands-on with the tech?
That question motivated Rep. William Timmons (R-SC) to engage with a South Carolina constituent, who helped set the Republican up his own digital wallet last week. Using the Ethereum Name Service, aka ENS, Rep. Timmons effectively initialed his self-custodial wallet “wrtiv.eth.”
The goal was to gain some familiarity with technology enabling financial sovereignty, Timmons told Decrypt on Tuesday. The day before, he added his wallet’s custom address to his profile on X (formerly known as Twitter), tacking it on at the end of his profile’s description.
BREAKING: we’ve now got US congressman @RepTimmons showing off his @ensdomains .eth name on twitter 🔥🔥🔥🔥🔥🔥🔥🔥🔥
frens let’s welcome him to the club! pic.twitter.com/Wo2RjdX9nJ
— brantly.eth (@BrantlyMillegan) February 3, 2025
“We can read legislation, we can try to understand policy, but experiencing it is also important,” Timmons said. “Putting ‘.eth’ in my Twitter bio was the least I could do to show that I am trying to help solve this challenge that’s before us.”
The challenge Timmons referred to is honing and passing a series of crypto-related bills that could clarify the industry’s regulatory backdrop, whether that’s legislation for stablecoins or a market structure bill outlining how different agencies should police the space.
As a member of the Subcommittee on Digital Assets, Financial Technology and Inclusion—or simply Digital Assets, as lawmakers refer to it—Timmons said he will collaborate with other lawmakers. He wants to build on bipartisan support for the Financial Innovation and Technology for the 21st Century Act, or FIT21, passed last year.
“We’re gonna maybe tweak it a little bit, add some other legislation to it, and make sure that we still have bipartisan support,” he said. “There’s been a lot of education that has occurred on both sides of the aisle, and I think that everyone understands the importance of it going forward.”
Last year, Timmons introduced the New Frontiers in Technology (NFT) Act alongside Rep. Ritchie Torres (D-NY). The bill would define and establish “covered NFTs,” which are protected from legal and regulatory treatment as digital collectibles or pieces of art.
Timmons’ decision to add “.eth” to his X profile’s description was not related to any bullposting from the president’s son, he said. On Monday, Eric Trump said on X, “In my opinion, it’s a great time to add $ETH. You can thank me later.”
Instead, Timmons was approached by Brantly Millegan, a 10-year veteran of the crypto space who previously served as director of operations for ENS. Millegan told Decrypt he’s known Timmons for years.
“Crypto has become a major policy issue, and he wanted to not just hear about it but actually try it out himself,” he said. “I hope more people in Congress follow his example.”
So far, Timmons’ on-chain experience has admittedly been limited, pointing to a sense of regulatory uncertainty among banks that he experienced firsthand.
“I learned that my bank doesn’t like it,” he said. “I’ve tried to put money on and take money off, and I cannot.”
Edited by Andrew Hayward
buy cheap clomid price where buy generic clomid price cost clomid online cost cheap clomid pills can i buy generic clomiphene pill buy cheap clomid without dr prescription clomiphene tablets price in pakistan
The thoroughness in this piece is noteworthy.
The thoroughness in this break down is noteworthy.
cost azithromycin 250mg – order flagyl 200mg generic flagyl 200mg for sale
rybelsus for sale – periactin uk order cyproheptadine sale
order domperidone 10mg – motilium drug cyclobenzaprine online order
buy propranolol for sale – cost clopidogrel 75mg purchase methotrexate generic
buy generic amoxicillin online – order combivent pills generic ipratropium
purchase azithromycin sale – buy tindamax 500mg pills purchase bystolic without prescription
oral augmentin – atbioinfo.com order
nexium for sale – https://anexamate.com/ buy nexium online
coumadin 5mg cheap – anticoagulant order generic cozaar 50mg
mobic online – moboxsin order mobic generic
prednisone 10mg us – https://apreplson.com/ generic deltasone 20mg
amoxil tablet – combamoxi generic amoxil
fluconazole pill – on this site diflucan 200mg pills
buy cheap cenforce – cenforce 50mg price cenforce 100mg canada
us pharmacy cialis – https://ciltadgn.com/ how long does it take for cialis to start working
order zantac 150mg online – https://aranitidine.com/# ranitidine online buy
old do you have buy viagra – https://strongvpls.com/ order viagra 50 mg
This is the gentle of criticism I truly appreciate. lasix principio activo
This is a question which is near to my fundamentals… Numberless thanks! Faithfully where can I lay one’s hands on the connection details for questions? cheap amoxicillin sale
I am in fact happy to gleam at this blog posts which consists of tons of profitable facts, thanks representing providing such data. https://ursxdol.com/furosemide-diuretic/
More posts like this would persuade the online play more useful. https://prohnrg.com/product/lisinopril-5-mg/
With thanks. Loads of knowledge! cenforce 100 prix