Stand with Crypto PAC endorses Warren rival John Deaton amid bipartisan support

John Deaton has received an official endorsement from the Stand with Crypto PAC in his bid to challenge Senator Elizabeth Warren for her US Senate seat, amid a wave of broader endorsements.

In total, Stand with Crypto has endorsed 20 Republicans and 19 Democrats, highlighting the bipartisan support for Bitcoin and crypto among mostly younger US politicians. The majority of politicians listed as ‘anti-crypto’ on the Stand with Crypto website are over the age of 70, including Elizabeth Warren (75.)

Further, while more Republicans have a pro-crypto stance than Democrats, only 41 US politicians are firmly against crypto as the divide lessens.

Name	Party	Position	State/District	Statements	Crypto Letter Grade
Tom Emmer Jr.	R	Rep	MN 6	336	A
Yadira Caraveo	D	Rep	CO 8	17	A
Shomari Figures	D	Political Figure	AL 2	3	A
Lori Chavez-DeRemer	R	Rep	OR 5	5	A
Marc Molinaro	R	Rep	NY 19	5	A
Marsha Blackburn	R	Senator	TN	5	A
Mike Lawler	R	Rep	NY 17	7	A
Pat Ryan	D	Rep	NY 18	3	A
Rick Scott	R	Senator	FL	5	A
Ritchie Torres	D	Rep	NY 15	29	A
Ro Khanna	D	Rep	CA 17	10	A
Sarah McBride	D	Political Figure	DE At-Large	2	A
Kirsten Gillibrand	D	Senator	NY	18	A
Steven Horsford	D	Rep	NV 4	5	A
Suhas Subramanyam	D	Political Figure	VA 10	3	A
Ted Cruz	R	Senator	TX	57	A
Timothy Kennedy	D	Rep	NY 26	3	A
Troy Downing	R	Political Figure	MT 2	10	A
Young Kim	R	Rep	CA 40	9	A
Zach Nunn	R	Rep	IA 3	15	A
Jake Auchincloss	D	Rep	MA 4	16	A
Brian Jack	R	Political Figure	GA 3	2	A
Brittany Pettersen	D	Rep	CO 7	5	A
Byron Donalds	R	Rep	FL 19	18	A
Dan Goldman	D	Rep	NY 10	6	A
Darren Soto	D	Rep	FL 9	23	A
David Schweikert	R	Rep	AZ 1	4	A
Don Davis	D	Rep	NC 1	5	A
French Hill	R	Rep	AR 2	79	A
Andy Barr	R	Rep	KY 6	14	A
Anthony D’Esposito	R	Rep	NY 4	5	A
Jared Moskowitz	D	Rep	FL 23	3	A
Jasmine Crockett	D	Rep	TX 30	6	A
Jim Banks	R	Rep	IN 3	2	A
Jim Costa	D	Rep	CA 21	3	A
Jim Justice	R	Political Figure	WV	2	A
John Rose	R	Rep	TN 6	24	A
John Deaton	R	Political Figure	MA	6	A
Josh Gottheimer	D	Rep	NJ 5	39	A

Stand with Crypto endorsements.

Deaton, a trial attorney, and U.S. Marine veteran has positioned himself as a strong advocate for the crypto industry. He launched the CryptoLaw platform in 2021 to provide information and analysis on legal and regulatory developments affecting digital assets in the United States.

The candidate has made several pro-crypto statements, arguing that blockchain technology offers transparency and traceability that could benefit law enforcement. “The NSA, the FBI, the CIA, have all come out and said they hope that criminals use Bitcoin. It’s an open, distributed ledger. You can trace every single transaction,” Deaton stated in an interview.

In contrast, Senator Warren has taken a more critical stance on cryptocurrencies. At a Senate Armed Services Committee hearing, Warren highlighted national security concerns related to crypto, stating, “Anything Congress does to legitimize and grow the crypto market must have strong protections so we do not increase money-making opportunities for Iran and other adversaries.”

The Stand with Crypto PAC’s support for Deaton aligns with its mission to back pro-crypto candidates across the political spectrum. The organization has endorsed several other candidates for the 2024 elections, including both Republicans and Democrats.

Warren’s anti-crypto agenda and her promise to rally an “anti-crypto army” and propose bills to control cryptocurrencies have made her a focal point for those supporting more favorable regulations for the industry.

Deaton has been vocal about what he perceives as regulatory overreach in the crypto space. He recently claimed that the Securities and Exchange Commission’s actions against the crypto industry have cost small investors $15 billion in losses.

The Massachusetts Senate race is shaping up to be a significant battleground for crypto policy, with Deaton and Warren representing starkly different approaches to regulating and adopting digital assets.

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