Congressional Blockchain Caucus
The Congressional Blockchain Caucus is a bipartisan group of U.S. Representatives and staff. The caucus was founded during the 114th United States Congress to be a platform for industry and government to study and understand blockchain technology, and the role Congress can play in its development.[1][2][3]
History
The Congressional Blockchain Caucus was formed in September 26, 2016, to study blockchain technology. The Congressional Blockchain Caucus was formed by Jared Polis, a Democratic congressman from Colorado, and Mick Mulvaney, a Republican representing South Carolina.
On March 24, 2019, seven congressmen sent a letter to Larry Kudlow, the director of the National Economic Council. The letter requested that the administration have a forum on blockchain technology and initiate blockchain technology. The signers of the letter were congressmen Trey Hollingsworth, Darren Soto, Bill Foster, Tom Emmer, Ted Budd, Josh Gottheimer and David Schweikert.[4]
In March 2021, Representatives Darren Soto (D-FL) and Warren Davidson (R-OH) reintroduced the Token Taxonomy Act. The bill's co-sponsors are Ted Budd (R-NC), Scott Perry (R-PA) and Josh Gottheimer (D-NJ).[5]
In a press release dated June 16, 2021, Congresswoman Maxine Waters, chairwoman of the U.S. House Committee on Financial Services, announced the formation of a Digital Assets Working Group for Democratic members of Congress. Bill Foster (D-IL), who is Chair of the Task Force on Artificial Intelligence and a co-founder of the Congressional Blockchain Group, is a member of this new Digital Assets Working Group. The Congressional Blockchain Caucus focuses on cryptocurrency policy.[6][7]
Purpose
The caucus was formed to be a platform for industry and government to study and understand blockchain technology.
Co-Chairs
- Tom Emmer, (R-Minn)
- David Schweikert, (R-Ariz.)
- Darren Soto, (D-Fla.)[8]
- Bill Foster (politician) (D-Ill.).[9][10]
Members
- Congressman Ted Budd
- Congressman Troy Carter
- Congressman Jim Cooper
- Congressman John Curtis
- Congressman Warren Davidson
- Congressman Jeff Duncan
- Congressman Matt Gaetz
- Congressman Greg Gianforte
- Representative Anthony Gonzalez
- Congressman Josh Gottheimer
- Congressman Denny Heck
- Congressman Bill Huizenga
- Congressman Ro Khanna
- Congressman Raja Krishnamoorthi
- Congressman John Larson
- Congressman Dan Lipinski
- Congressman Frank Lucas
- Congressman Stephen F. Lynch
- Congresswoman Nancy Mace
- Congressman Jerry McNerney
- Congresswoman Marie Newman
- Congressman Ralph Norman
- Congresswoman Stacey Plaskett
- Congressman Bryan Steil
- Congressman Van Taylor
- Congressman Glenn Thompson
- Congressman Michael Waltz
- Congressman Rob Wittman
See also
References
- ^ "Congressional Blockchain Caucus - Summary from LegiStorm". www.legistorm.com. Retrieved 2021-10-16.
- ^ Jordan, Chuck (2021-02-08). "Congress has only begun its study of financial technologies". TheHill. Retrieved 2021-10-16.
- ^ "Congressional Blockchain Caucus". Congressional Blockchain Caucus. Retrieved 2021-10-16.
- ^ "Seven U.S. Members of Congress Urge Administration to Support Blockchain Technology". Chamber of Digital Commerce. 2019-05-29. Retrieved 2021-10-16.
- ^ "Soto, Davidson Reintroduce Token Taxonomy Act". Congressman Darren Soto. 2021-03-10. Retrieved 2021-10-16.
- ^ "Waters Announces Digital Assets Working Group". Financial Services Committee. 2021-06-16. Retrieved 2021-10-16.
- ^ "- EXAMINING FACEBOOK'S PROPOSED CRYPTOCURRENCY AND ITS IMPACT ON CONSUMERS, INVESTORS, AND THE AMERICAN FINANCIAL SYSTEM". www.govinfo.gov. Retrieved 2021-10-16.
- ^ "Darren Soto to lead congressional 'Blockchain Caucus'". Florida Politics - Campaigns & Elections. Lobbying & Government. 2019-01-28. Retrieved 2021-10-16.
- ^ "Congressional Blockchain Caucus". Congressional Blockchain Caucus. Retrieved 2021-10-16.
- ^ "Evangelizing Blockchain to the US Congress". Orbs. Retrieved 2021-10-16.