Cryptocurrencies are growing in popularity among US politicians, especially after 2012 when they were required to report their trading activity every 45 days. The Stop Trading on Congressional Knowledge Act, or STOCK Act, requires politicians to disclose their financial assets, including stocks, ETFs, commodities, and crypto.
From the available data, we can see who among the nation's leading political figures owns or does not own crypto assets, as well as how much and when they bought them. The following are some interesting examples:
Mark Green, Crypto Fan on Capitol Hill
This US representative from Tennessee is probably one of the most crypto-loving US politicians. While not particularly vocal, his portfolio shows that he has invested in various cryptocurrencies since 2012. The following is a list of Mark Green's crypto investments:
- Ethereum (ETH) — Over US$20,000 invested
- Dogecoin (DOGE) — A little under US$30,000 invested
- Chainlink (LINK) — Approximately US$15,000 invested
- EOS (EOS) — A little under US$15,000 invested
- Stellar Lumens (XLM) — About US$12,000 invested
Ethereum is the second largest cryptocurrency in the world, serving as a platform for smart contracts and decentralized applications. Dogecoin is a cryptocurrency that was originally created as a joke, but later became popular due to the support of figures like Elon Musk. Chainlink is a protocol that provides a bridge between external data and the blockchain. EOS is a platform similar to Ethereum, but claims to be faster and cheaper. Stellar Lumens is a cryptocurrency that aims to facilitate cross-border payments.
Ted Cruz, Aggressive Proponent of Bitcoin
This US senator from Texas is one of the most aggressive crypto advocates among US politicians. He even proposed a resolution called "Adopting Cryptocurrency In Congress as an Exchange of Payment for Transactions Resolution", which aims to encourage the use of cryptocurrencies in the US Congress. He sees the potential for new jobs and growth resulting from crypto.
Ted Cruz's crypto portfolio consists of only one asset, namely Bitcoin (BTC), which is the largest and most well-known crypto in the world. He has invested around US$50,000 in Bitcoin since 2022.
Madison Cawthorn, the Congresswoman Who Quit with Crypto
The U.S. rep. from North Carolina was forced to step down from his seat over sexual harassment allegations. However, it still has a pretty impressive crypto portfolio. Based on the current value of the cryptocurrencies he buys, his portfolio could be worth up to $950,000 by 2024. The following are his crypto assets:
- Kryll (KRL) — Over US$116,000 invested
- Ethereum — Nearly US$215,000 invested
- Solana — A little under US$195,000 invested
- Bitcoin (BTC) — No more than US$180,000 invested
- Request (REQ) — Well under US$45,000 invested
- Let's Go Brandon (LGB) — Nearly US$50,000 invested
Kryll is a platform that allows users to create and execute crypto trading strategies automatically. Solana is a platform that offers scalability and high speed for smart contracts and decentralized applications. Request is a protocol that allows the creation and verification of payment requests on the blockchain. Let's Go Brandon is a cryptocurrency created as a form of protest against US President Joe Biden.
Barry Moore, Congressman Lesser Known for Crypto
This US representative from Alabama is a little-known congressman, but he also has a decent crypto portfolio. He was active during the passage of the STOCK Act and has invested in several cryptocurrencies since 2012. The following is a list of cryptocurrencies it owns:
- Cardano — Nearly US$45,000 invested
- Dogecoin — Up to US$5,000 invested
- Ethereum — Sekitar US$4.500 diinvestasikan
Cardano adalah platform yang bertujuan untuk menjadi generasi ketiga dari blockchain, yang menawarkan skalabilitas, keamanan, dan interoperabilitas yang lebih baik.
Kesimpulan
Kripto semakin menarik perhatian politisi AS, yang harus melaporkan aktivitas perdagangan mereka setiap 45 hari. Dari data yang tersedia, kita dapat melihat siapa saja di antara tokoh-tokoh politik terkemuka bangsa ini yang memiliki atau tidak memiliki kripto, serta seberapa banyak dan kapan mereka membelinya.
Sejumlah politisi AS ternyata adalah penggemar dan pendukung kripto, sementara yang lain mungkin hanya mengikuti tren atau berspekulasi. Kripto adalah salah satu topik yang patut diikuti dan dipelajari lebih lanjut, terutama mengingat dampaknya terhadap ekonomi, politik, dan sosial.
Cara Beli Crypto di Bittime
Kamu bisa beli dan jual aset crypto dengan cara yang mudah dan aman melalui Bittime. Bittime adalah satu aplikasi kripto terbaik di Indonesia yang sudah resmi terdaftar Bappebti.
Untuk bisa beli aset crypto di Bittime, pastikan kamu telah melakukan registrasi dan menyelesaikan verifikasi identitas. Selain itu, pastikan juga kalau kamu punya saldo yang cukup dengan melakukan deposit sejumlah dana ke wallet. Sekadar informasi, minimal pembelian aset di Bittime adalah Rp10.000. Setelah itu, barulah kamu bisa melakukan pembelian aset crypto di aplikasi.
Monitor the price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Charles Hoskinson Responds to Cardano's Utility Criticism
Bitcoin Analysis: The Effect of the United States Election on Bitcoin Price
What is a Digital Dollar? How is it Different from Crypto?
DISCLAIMER:This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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