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Contraction in the Market for Digital Assets Highlights the Economic Risks and Need for Further Regulation

Joint Economic Committee
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Abstract
The Joint Economic Committee issued a Bicameral Majority Staff Report discussesing the rapid rise and decline of the crypto market, including the bankruptcy of FTX, and highlights widespread issues such as fraud, scams, and market volatility.
Date
2022-12-16
Document Type
Bicameral Majority Staff Report
Serial Number
Document Length
5 pages
Congress
117
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2022-12-16_R-Contraction_Market_Digital_Assets-117C.pdf
Adobe PDF, 476.68 KB
URI
https://hdl.handle.net/20.500.14300/3387
Relation
DOI
Keywords
Staff Reports, Bicameral, Democrat
PAP Major Code
15: Banking, Finance, and Domestic Commerce
PAP Minor Code
1525: Consumer Safety and Consumer Fraud
Cited Hearings
N/A
Press Releases and Contextual Information
https://www.jec.senate.gov/public/index.cfm/democrats/issue-briefs?id=950712D0-2FD6-44B0-B58B-BE10EB08EE12
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Joint Economic Committee