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What is the Chamber of Digital Commerce?

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What is the Chamber of Digital Commerce?

What is the Chamber of Digital Commerce ? The Chamber of Digital Commerce is the Washington, DC-based exchange affiliation representing the blockchain industry. Their main goal is to advance the acknowledgment and utilization of digital assets and blockchain-based technologies. The Chamber of Digital Commerce as the world’s biggest exchange affiliation representing the digital asset and blockchain industry advances the rising business behind blockchain innovation, bitcoin, digital currency money, and computerized resources.

Blockchain innovation offers tremendous open doors for business, government, and scalability and transparency. In association with more than 200 members, they teach, advocate, and work intimately with policymakers, regulators, and industry to make an increasingly comprehensive business condition that will boost development and interest in blockchain innovation. Its capacity to improve processes, increment cost-productivity and advance transparency in various ventures is changing the manners by which individuals work together.

The Digital Chamber is the definitive agent for the business in Washington, DC. They provide fast and exact reactions to the press and will disclose to the government and the society how digital assets work and increase the value of it to the public opinion.

History

Headquartered in Washington, D.C., the association was established in July 2014 by Perianne Boring. In October 2014, the chamber got 501(c) non-benefit status from the Internal Revenue Service. In 2015, financial expert and previous JPMorgan Chase executive Blythe Masters was designated to the advisory board.

In December 2019, Former Chairman of the Commodity Futures Trading Commission, Christopher Giancarlo, was designated to the advisory board of the chamber.

PAC (Political Action Committee)

In August 2014, political news site The Hill announced that the Chamber had enlisted a political action committee with the United States Federal Election Commission. As The Hill piece noted, ” formation of the PAC is a sign of increasing maturity for Bitcoin and a signal that politicians could face political pressure to support virtual currencies.” until this point in time, in any case, the PAC has just raised $10,000 of which just $2,700 has been contributed to a candidate.

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