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Rep. Beyer: JEC Releases Report on Economic Risks, Need for Further Regulation of Digital Assets
December 20, 2022
WASHINGTON, Dec. 20 -- Rep. Don Beyer, D-Virginia, issued the following news release on Dec. 19, 2022:

The U.S. Congress Joint Economic Committee--led by Chairman Don Beyer (D-VA)--released a new report detailing the rise and fall of the digital asset market in 2021 and 2022 and the need for further protections to mitigate risks to everyday consumers and the U.S. financial system.

In the fall of 2021, the digital asset market reached a record-high $3 trillion market cap . . .

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