Consumer protection first

Crypto & financial technology

El-Sayed supports clear rules for blockchain and financial technology that protect consumers from fraud, laundering, and pay-to-play corruption while preserving legitimate uses.

WHAT HE HAS SAID

• Says blockchain has the potential to disrupt the overwhelming power of big banks in Americans’ financial lives.
• Supports legislation that clarifies the governance and legitimate use-cases of blockchain for financial services.
• Would work to protect people from those who use financial technology to launder money, defraud the public, or run pay-to-play and pump-and-dump schemes.

Primary sources

• Read the campaign position — Abdul for U.S. Senate

Last reviewed 2026-08-19.