Chamber of Digital Commerce

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Chamber of Digital Commerce
Founder Perianne Boring
Focus Business advocacy
Area served
United States industry
Method Political lobbying, Advocacy, Public relations
Website www.digitalchamber.org

The Chamber of Digital Commerce is an American advocacy group that promotes the emerging industry behind blockchain technology, bitcoin, digital currency and digital assets.[1][2][3][4][5][6][7][8]

History[edit]

Headquartered in Washington, D.C., the organization was founded in July 2014 by Perianne Boring. In October 2014, the chamber received 501(c)(6) non-profit status from the Internal Revenue Service.[9] In 2015, economist and former JPMorgan Chase executive Blythe Masters was appointed to the advisory board.

In 2017, internet pioneer and Transmission Control Protocol (TCP) inventor Bob Kahn keynoted the DC Blockchain Summit at Georgetown University.[10] Beginning in 2017, several multinational corporations and international financial services holding companies announced their intentions to join the Chamber of Digital Commerce including BNY Mellon, BNP Paribas, Accenture, IHS Markit, Cisco, and Intuit.[11][12] In October 2017, the Chamber of Digital Commerce, along with the U.S. Department of Commerce lead, the first Blockchain Certified Trade Mission to the United Arab Emirates.[13]

PAC (political action committee)[edit]

In August 2014, political news site The Hill reported that the Chamber had registered 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.”[14] [15][16] [17] [18] [19] To date, however, the PAC has only raised $10,000 of which only $2,700 have been contributed to a candidate.[20][21]

References[edit]

  1. ^ Pete Rizzo (July 19, 2014). "Chamber of Digital Commerce Launches to Advance Bitcoin in Washington". CoinDesk. 
  2. ^ Anthony Cuthbertson (July 21, 2014). "Bitcoin Breakthrough as Chamber of Digital Commerce Opens in US". International Business Times UK. 
  3. ^ Megan R. Wilson (November 24, 2014). "Mellon joins bitcoin advocacy group". The Hill. 
  4. ^ Ian Allison (July 3, 2015). "Bitcoin regulation: Chamber of Digital Commerce talks about enlisting former JP Morgan chief Blythe Masters". International Business Times UK. 
  5. ^ "Falcon Global Capital Hires Lobbyists to Promote Bitcoin in Washington". 
  6. ^ "Blockchain Technology Gets a Hearing Inside the Fed's Headquarters". 
  7. ^ "Chamber of Digital Commerce Proposes Small Business Exemption for BitLicense". CoinDesk. 
  8. ^ Ian DeMartino (4 September 2014). "Chamber of Digital Commerce Receives Donation From Overstock". CoinTelegraph. 
  9. ^ staff (October 16, 2014). "Chamber of Digital Commerce Receives IRS Recognition". Politics & Government Week via highbeam.com. 
  10. ^ "Keynote: Robert E. Kahn". 
  11. ^ https://digitalchamber.org/bnp-paribas-bny-mellon-join-chamber-digital-commerce/.  Missing or empty |title= (help)
  12. ^ "IHS Markit Joins Chamber of Digital Commerce". 
  13. ^ "Chamber Of Digital Commerce And U.S. Department Of Commerce Lead The First Blockchain Certified Trade Mission To The United Arab Emirates". Blockchain News. 2017-10-06. Retrieved 2017-10-09. 
  14. ^ "Bitcoin lobby launches spending PAC". 
  15. ^ Julian Hattem (August 25, 2014). "Bitcoin lobby launches spending PAC". The Hill. 
  16. ^ Julian Hattem (August 29, 2014). "Bitcoin group descends on Congress". The Hill. 
  17. ^ Brenan Salgado (September 5, 2014). "Bitcoin Education Day on Capitol Hill". Vanderbilt Journal of Entertainment & Technology Law. Vanderbilt Law School. 
  18. ^ "Chamber of Digital Commerce to Form Fund for Pro-Bitcoin Politicians". CoinDesk. 
  19. ^ Tess VandenDolder (August 24, 2014). "Politics News: The Bitcoin Lobby Has Launched Their Own PAC". DC Inno. Streetwise Media. 
  20. ^ "FEC Disclosure Report Search Results". docquery.fec.gov. Retrieved 2017-01-25. 
  21. ^ "FEC Disclosure Report Search Results". docquery.fec.gov. Retrieved 2017-01-25. 

External links[edit]