Does Don Beyer Jr. Support Crypto?

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

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Pending Position

Don Beyer Jr.

@RepDonBeyer

Was thrilled to be invited to speak at Goodwin House’s “Saturday Morning Live“ (SML) in Alexandria, where questions and discussion covered AI, grid resiliency, crypto regulation, and other important topics. Thanks for having me! pic.twitter.com/oLACPyppsM

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2024-06-24T14:53:09.000Z · via Twitter

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Somewhat Anti-Crypto

Voted against a bill on May 23rd, 2024

Bill Name

CBDC Anti-Surveillance State Act

Details

To amend the Federal Reserve Act to prohibit the Federal Reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.

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Very Pro-Crypto

Voted for a bill on May 22nd, 2024

Bill Name

FIT21

Details

Financial Innovation and Technology for the 21st Century Act

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Very Anti-Crypto

Voted against a bill on May 8th, 2024

Bill Name

SAB 121 House Joint Resolution

Details

For congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121". This staff accounting bulletin expresses the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.

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Neutral on Crypto

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…

2022-11-19T15:41:25.000Z · via Twitter

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Somewhat Anti-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…

2022-07-16T18:52:00.000Z · via Twitter

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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…

2022-04-07T16:15:05.000Z · via Twitter

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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…

2022-04-05T21:20:19.000Z · via Twitter

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Very 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…

2022-04-03T18:55:00.000Z · via Twitter

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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.

2022-03-10T22:16:30.000Z · via Twitter

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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.

2022-03-10T22:14:59.000Z · via Twitter

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Neutral on 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.

2022-03-10T22:14:02.000Z · via Twitter

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Neutral on 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.

2022-03-10T22:13:17.000Z · via Twitter

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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…

2022-03-10T22:12:52.000Z · via Twitter

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Very Anti-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…

2022-03-10T22:08:22.000Z · via Twitter

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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…

2022-02-09T23:53:22.000Z · via Twitter

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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…

2022-02-09T18:03:46.000Z · via Twitter

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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…

2021-12-08T18:25:24.000Z · via Twitter

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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

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2021-11-22T21:28:00.000Z · via Twitter

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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…

2021-11-17T21:52:18.000Z · via Twitter

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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…

2021-11-17T21:05:05.000Z · via Twitter

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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,…

2021-11-17T20:57:59.000Z · via Twitter

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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…

2021-11-17T20:47:39.000Z · via Twitter

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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…

2021-11-17T19:41:36.000Z · via Twitter

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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…

2021-11-17T19:25:22.000Z · via Twitter

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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…

2021-11-14T18:05:01.000Z · via Twitter

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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…

2021-07-29T12:36:00.000Z · via Twitter

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