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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Chamber of Digital Commerce Reportedly Launching a Spending PAC

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newsbtc
4 years ago
1 min read

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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 haven’t really decided exactly what we’re doing. We’re just being prepared for next year, is really what we’re doing.”

The Chamber of Digital Commerce was announced in mid-July at The North American Bitcoin Conference in Chicago and aims to educate both the public and lawmakers on the topic of bitcoin and other cryptocurrencies.

Most recently, the Chamber has fixated on the the recently-released BitLicense draft from the New York Department of Financial Services, submitting comments to the Department just about one week ago.

According to The Hill‘s report, the Chamber of Digital Commerce is planning to bring over 20 people from the cryptocurrency sector to Washington, D.C. in order to meet with staffers on Capitol Hill in hopes of offering education on digital currency.

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