The Chamber of Digital Commerce Wants You, To Educate Congress
The BitLicense proposal appearing to be something so suffocating for Bitcoin businesses, many of them would rather not do business with the state. But rather than simply leave New York and hope that the policy doesn't become popular nationwide, the Digital Chamber of Commerce wants to enlist you to help them educate Congress on a more reasonable approach to Bitcoin regulation. While many in the community would argue that Bitcoin cannot be regulated by its very nature, others would point out that government attempts are coming either way and it would benefit the community to express what....
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Note: Some minor corrections were made to this article shortly after publishing, further clarifying that the volunteers were not lobbying Congressional Members. The newly established Chamber of Digital Commerce descended on Washington D.C. on Friday with volunteers coming in from as far away as Texas and Florida. They handed out information to every Congressional Office on the hill, making sure that every member of Congress at least has had the opportunity to learn about Bitcoin and digital currencies. Full Disclosure: I attended the event as a participant. With 535 voting members of....
This week, FinCEN ( The Financial Crimes Enforcement Network) passed two rulings that provided clarification on digital currency business models that now must register with FinCEN as a money service business. These businesses are now subject to FinCEN's compliance obligations. It is also known that SEC (the Securities and Exchange Commission) has issued a large amount of action letters to companies in the digital currency sector. Many digital currency companies will need to take both proactive and reactive actions in response to the letters. Also read: SEC Sends Inquiry Letters to Hundreds....
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....
The Chamber of Digital Commerce (Chamber) will be working with the Digital Currency Council (DCC) in order to strengthen their advocacy of promoting bitcoin education. With this initiative, the groups can provide education and training opportunities to Chamber members as part of their membership benefits. The Chamber of Digital Commerce is the Washington, DC-based trade association representing the digital asset and digital currency industry. The Digital Currency Council is the leading education center for professionals in the digital currency economy and provides certificate-level....
More than 15 members of Congress met with representatives of the blockchain technology industry this week as part of a roundtable organized by advocacy group the Chamber of Digital Commerce. Held in Washington, DC, the event drew a number of industry stakeholders, including startups such as ConsenSys, Bittrex and Bloq, as well as IT firms and consultancies like Deloitte and Microsoft. In statements, Chamber of Digital Commerce president Perianne Boring positioned the event as one that represented a coordinated effort to better educate and advocate for the emerging technology. According to....