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Don Beyer Jr.
@RepDonBeyer
RT @JECDems: One year ago, the @JECDems held a hearing on #DemystifyingCrypto and the risks to consumers and our broader economy.
A year l…
Don Beyer Jr.
Democrat Congressperson from Virginia, 8
Notable statements
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
The crypto crash has hurt so many people, but the damage hit unevenly, with wealthier investors shielded from the worst while amateur traders see their savings vanish. We need regulation and legislation to protect consumers. I introduced a bill to do that: beyer.house.gov/news/documents… twitter.com/yaffebellany/s…
Somewhat anti-crypto
Don Beyer Jr.
@RepDonBeyer
As the digital asset market continues to grow, it’s important that we close the regulatory gaps that leave consumers and our financial system vulnerable to fraud and manipulation.
As @SecYellen says – government’s role is to support responsible innovation. twitter.com/USTreasury/sta…
Somewhat anti-crypto
Don Beyer Jr.
@RepDonBeyer
RT @RepDonBeyer: One of the biggest crypto thefts yet, underscoring the enormous need for consumer protection in the area of digital assets…
Somewhat anti-crypto
Don Beyer Jr.
@RepDonBeyer
One of the biggest crypto thefts yet, underscoring the enormous need for consumer protection in the area of digital assets. This massive regulatory gap puts average people at risk. I have a bill that would help close it: beyer.house.gov/news/documents… twitter.com/zeitchikWaPo/s…
Very anti-crypto
Don Beyer Jr.
@RepDonBeyer
–and international competitiveness in the digital asset marketplace. It provides a path forward to mitigate the risks that these assets pose to everyday investors and our collective financial stability, while also harnessing the benefits of future technological innovation.
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
Nor does it directly address stablecoins or their role in linking traditional and decentralized finance. This underscores the need for Congress to act promptly to properly regulate these assets—as last year’s President’s Working Group on Financial Markets report recommended.
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
This order recognizes the need for analysis of how digital assets affect consumers and the broader economy, and takes vital steps to crack down on illicit finance and address national security risks. It empowers the US government to establish leadership– twitter.com/WhiteHouse/sta…
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
My Digital Asset Market Structure and Investor Protection Act would address those issues, and complement the goals of the Executive Order. beyer.house.gov/news/documents…
I will work with the Administration and my colleagues to advance a regulatory approach in line with this directive.
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
Fraud and market manipulation in the digital asset market highlight the need for new oversight to close regulatory gaps that leave consumers and our financial system vulnerable. @POTUS' Executive Order is a key first step to align the federal government’s approach in this area. twitter.com/JECDems/status…
Very anti-crypto
Don Beyer Jr.
@RepDonBeyer
While this order correctly takes a broad approach that covers many of the important policy concerns around digital assets, the order *does not* clearly delineate regulatory responsibility between the SEC and the CFTC.
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
Almost everyday we hear about a new massive financial crime, hack, fraud, etc. involving cryptocurrencies. Millions of Americans hold digital assets, they are consumers who deserve protection, but our regulations are wildly out of date. My bill would help. beyer.house.gov/news/documents… twitter.com/EamonJavers/st…
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
RT @protocol: 
LIVE NOW: Crypto Regulation: from buyer beware to federal oversight
Join @benpimentel for a chat with @BlockchainAssn’s @K…
LIVE NOW: Crypto Regulation: from buyer beware to federal oversight
Join @benpimentel for a chat with @BlockchainAssn’s @K…Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
RT @JECDems: Chairman @RepDonBeyer: "I commend Chair @RepMaxineWaters and @FSCDems for their work on digital assets to explore legislative…
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
Last week we held a @JECDems hearing on cryptocurrencies and digital assets. In case you missed it, my opening remarks: "Congress can promote responsible innovation in this market while also providing basic protections to the investing public." pic.twitter.com/3qEGa2RqfM
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
RT @openmarkets: Want to know what a rug pull is when it comes to cryptocurrency?
@alexisgoldstein just explained at the @JECDems hearing,…
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
RT @JECDems: Chairman @RepDonBeyer on cryptocurrencies and digital assets: "Congress can promote responsible innovation in this market whil…
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
RT @JECDems: .@RepDonBeyer: “The lack of disclosure & reporting requirements in many parts of the crypto asset industry tilt the playing fi…
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
RT @JECDems: "Congress must pass legislation to regulate cryptocurrencies before their rapid growth and popularity pose dangers to investor…
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
RT @JECDems: Policymakers have not yet weighed in on a comprehensive legal framework around digital assets. That’s why Chairman @RepDonBeye…
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
RT @JECDems: .@alexisgoldstein explains what Congress and regulators can do to provide a regulatory framework for digital assets
#Demysti…
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
RT @JECDems: THIS WEEK: This upcoming Wednesday at 2:30PM the JEC will hold a hearing titled “#DemystifyingCrypto: Digital Assets and the…
Neutral on crypto
Don Beyer Jr.
@RepDonBeyer
Digital assets are here to stay, but Congress' failure to create a legal framework for them has left many vulnerable to fraud, theft, and manipulation. I just introduced a bill to incorporate digital assets like Bitcoin into financial regulatory structures
beyer.house.gov/news/documents…
Neutral on crypto