5 Reasons The US Needs A Spot Bitcoin ETF, By The Chamber Of Digital Commerce
Does bitcoin need a spot bitcoin ETF? Probably not. The US might need one or two, though. Other countries have full proof of concepts already working and absorbing capital. None of those products shows any of the problems the SEC thinks a spot bitcoin ETF would bring. Plus, there are already future bitcoin ETFs functioning […]
Related News
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 […]
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....
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....
The newly-formed Chamber of Digital Commerce, established in mid-July by Perianne Boring, has submitted comments to the New York Department of Financial Services (NYDFS) relating to recently-released BitLicense regulations. The ten-page comments from Ms. Boring state the following: The proposed regulations shouldn't apply to business that only store or transmit digital currency. Businesses in the digital currency realm should have the freedom to make investments. Businesses in the digital currency realm should have the freedom to innovate. The proposal's "Existing Exchange Services"....