US Congress Reps Receive Blockchain Briefing at Capitol Hill Event
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....
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Cryptocurrency advocacy group, Coin Center has started educating the US Congress about Bitcoin and blockchain technology. A large-scale implementation of any new technology is only effective when there is active collaboration between the private and public sectors. The same holds good for cryptocurrency technology. The cryptocurrency community is still a niche segment. A majority of the world’s population, including politicians and bureaucrats, is still in the dark about how the entire Bitcoin network works. Coin Center, a non-profit cryptocurrency research and advocacy group based out of....
Bitcoin is on the map in Congress as this morning as Politico, a leading newspaper and website predominantly read by Capitol Hill Staff Members and Congress published an article entitled, "Congress Starts Looking Into Bitcoin." What does this mean for the Bitcoin community, Congress and the US Executive Branch? Ideally, Members of Congress and the US Senate will take a closer and more holistic look into how regulators have been handling Bitcoin and will proceed with regulations or lack thereof. While, it would be even more ideal for Bitcoin to have more time to flourish prior to catching....
It's been a big week for blockchain on Capitol Hill. While only Wednesday, the week has already seen the launch of the Congressional Blockchain Caucus (an effort led by Rep Jared Polis and Rep Mick Mulvaney), and the opening of the DC Blockchain Center, an information hub for policymakers. The two initiatives reflect the growing interest around the technology in the US capitol. Though interest has existed for some time – Polis himself began accepting bitcoin donations in 2014 – recent developments suggest the groundwork is being laid for more activity in the year ahead. Polis said of the....
The Depository Trust & Clearing Corporation (DTCC) hosted a group of regulators and members of the financial industry in Washington, DC, for a discussion on blockchain tech last month. The event, held on Capitol Hill, was designed by the DTCC to give regulators and other financial industry stakeholders a chance to ask questions directly to blockchain experts. In a blog posted yesterday, DTCC managing director Mark Wetjen said of the event: "It is important that we engage policy makers and regulators from the beginning of this process. New technologies are creating tremendous....
Congressman Jared Polis is no stranger to bitcoin. The democratic Representative from the Second District of Colorado has long stood up for the idea of bitcoin and digital currency, even going to far as to welcoming Robocoin to the nation's capital to show off their bitcoin ATM. Now, Polis is co-hosting an event on Capitol Hill designed to demonstrate the machinations of bitcoin to the country's lawmakers from some of the best and brightest in the industry. BetaBeat reports that major bitcoin companies like Coinbase and BitPay will be engaging with members of Congress at the Rayburn House....