Based on previous comments, Don Beyer has indicated they are somewhat anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Don Beyer has made about Bitcoin, Ethereum, and cryptocurrency innovation.
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…
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…
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…
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.
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.
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.
–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.
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…
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…
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…
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
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…