Digital Chamber of Commerce Addresses CIA, FBI, other Federal Agencies on Cryptocurrencies
Unfortunately people around the globe, including policymakers, are mostly confused about Bitcoin and much of this confusion comes from the media’s “yellow dog” journalism tactics. The media will cover events such as the Mt. Gox failure or speculation about Bitcoin being used by criminals or terrorists but never mention the benefits of cryptocurrencies such as security, individual control over personal finances. The best way to counterbalance this is for the Bitcoin community to have representatives who will promote Bitcoin to policymakers. On Monday, The Chamber of Digital Conference, led....
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The newly-established Chamber of Digital Commerce has reportedly registered a spending PAC (political action committee) with the Federal Election Commission (FEC), according to political news website The Hill, citing recently-disclosed documents. The formation of the PAC doesn't mean the Chamber is planning to put their support behind any particular candidate at this juncture, but it is in preparation for things to come. And just what those things are is anyone's guess. "We're in the very earliest stages of setting up," said Perianne Boring, President of the Chamber, to The Hill. "We....
One of the biggest hurdles bitcoin and other digital currencies faces as far as mainstream adoption is concerned is the constant misinterpretation of both the technicalities and the potential benefits and downfalls of bitcoin. Ironically, this misinterpretation comes from those organisations that seek to regulate crypto currencies; namely the CIA, the federal reserve, the FBI and other large US governmental organisation such as the Chamber of Commerce. Luckily, there are a number of well-respected individuals on a mission to inject some clarity into this misunderstanding and - with any....
The Digital Currency Council (DCC) will be working with the Chamber of Digital Commerce (Chamber) to promote bitcoin advocacy and education efforts to the general public. DCC is an association of professionals in the digital currency industry with members from various fields like finance, law, and accounting. Meanwhile, the Chamber is the Washington, D. C. -based trade association representing the digital asset and digital currency industry. Both organizations are working towards the development of best practices in the bitcoin industry and announced that they'll be teaming up. This....
The Chamber of Digital Commerce goes to bat for a spot bitcoin ETF in The US. Plus, it goes for Chairman Gensler’s throat. The organization doesn’t mince words in the report titled “The Crypto Conundrum. Why Won’t the SEC Approve a Bitcoin ETF?” The Chamber of Digital Commerce argues that all of the standards that […]
Just yesterday, we reported that the Chamber of Digital Commerce together with the Heritage Foundation would be holding a discussion panel on the topic of bitcoin and digital currency. Today, we're learning that the Chamber of Digital Commerce has received approval from the Internal Revenue Service (IRS) as a tax-exempt, not-for-profit organization under 501(c)(6) of the Internal Revenue Code. What this means is that the Chamber of Digital Commerce is not recognized federally as a business league that promotes both digital currency itself, and the growing industry behind it, as noted in a....