Chamber of Digital Commerce Announced at TNABC
Today marks the start of the highly-anticipated North American Bitcoin Conference in Chicago, and with that you can expect a slew of announcements to be made. One such announcement is the launch of the so-called Chamber of Digital Commerce, a new organization registered as a 501(c)(6) nonprofit. This will effectively allow the group to lobby in Washington, D. C., in addition to serving as a trade association of sorts. The group, which has secured backing from RRE Ventures and Tally Capital, is led by Perianne Boring. Boring is a former journalist and congressional staffer, and publishes....
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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....
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....
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....
Digital currency lobby group the Chamber of Digital Commerce receives approval from the Internal Revenue Service as a tax-exempt non-profit organization. On September 30, the Chamber of Digital Commerce announced it had received recognition from the U.S tax authority the IRS as a tax-exempt non-profit organization under the IRS Code Section 501 (c)(6) that classifies business leagues, chambers of commerce, real estate boards, boards of trade, and professional football leagues, which are not organized for profit, from paying taxes. In a press release, the Digital Chamber's President and....