NFT

Meet the US Congressman Who’s Now Repping Ethereum on His X Profile

A rising variety of lawmakers have mentioned crypto on Capitol Hill, however what number of representatives have truly gotten hands-on with the tech?

That query motivated Rep. William Timmons (R-SC) to interact with a South Carolina constituent, who helped set the Republican up his personal digital pockets final week. Utilizing the Ethereum Title Service, aka ENS, Rep. Timmons successfully initialed his self-custodial pockets “wrtiv.eth.”

The aim was to realize some familiarity with expertise enabling monetary sovereignty, Timmons instructed Decrypt on Tuesday. The day earlier than, he added his pockets’s customized deal with to his profile on X (previously often called Twitter), tacking it on on the finish of his profile’s description.

BREAKING: we have now received US congressman @RepTimmons exhibiting off his @ensdomains .eth title on twitter 🔥🔥🔥🔥🔥🔥🔥🔥🔥

frens let’s welcome him to the membership! pic.twitter.com/Wo2RjdX9nJ

— brantly.eth (@BrantlyMillegan) February 3, 2025

“We are able to learn laws, we are able to attempt to perceive coverage, however experiencing additionally it is vital,” Timmons stated. “Placing ‘.eth’ in my Twitter bio was the least I may do to indicate that I’m making an attempt to assist clear up this problem that’s earlier than us.”

The problem Timmons referred to is honing and passing a collection of crypto-related payments that would make clear the business’s regulatory backdrop, whether or not that’s laws for stablecoins or a market construction invoice outlining how completely different businesses ought to police the area.

As a member of the Subcommittee on Digital Property, Monetary Expertise and Inclusion—or just Digital Property, as lawmakers seek advice from it—Timmons stated he’ll collaborate with different lawmakers. He needs to construct on bipartisan help for the Monetary Innovation and Expertise for the twenty first Century Act, or FIT21, handed final 12 months.

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“We’re gonna possibly tweak it a bit of bit, add another laws to it, and be sure that we nonetheless have bipartisan help,” he stated. “There’s been numerous training that has occurred on either side of the aisle, and I believe that everybody understands the significance of it going ahead.”

Final 12 months, Timmons launched the New Frontiers in Expertise (NFT) Act alongside Rep. Ritchie Torres (D-NY). The invoice would outline and set up “lined NFTs,” that are shielded from authorized and regulatory remedy as digital collectibles or items of artwork.

Timmons’ choice so as to add “.eth” to his X profile’s description was not associated to any bullposting from the president’s son, he stated. On Monday, Eric Trump stated on X, “For my part, it’s a good time so as to add $ETH. You possibly can thank me later.”

As an alternative, Timmons was approached by Brantly Millegan, a 10-year veteran of the crypto area who beforehand served as director of operations for ENS. Millegan instructed Decrypt he’s recognized Timmons for years.

“Crypto has turn out to be a significant coverage problem, and he wished to not simply hear about it however truly attempt it out himself,” he stated. “I hope extra folks in Congress observe his instance.”

Thus far, Timmons’ on-chain expertise has admittedly been restricted, pointing to a way of regulatory uncertainty amongst banks that he skilled firsthand.

“I realized that my financial institution does not prefer it,” he stated. “I’ve tried to place cash on and take cash off, and I can’t.”

Edited by Andrew Hayward

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