Latest news with #DigitalChamber
Yahoo
26-03-2025
- Business
- Yahoo
Digital assets group outlines blockchain policy goals
A group at the forefront of advocacy for the digital assets industry released a report on Tuesday outlining policy objectives for supporting the blockchain industry. The Digital Chamber's "U.S. Blockchain Roadmap" features six pillars for how digital assets can be used to put the U.S. in a leadership role for blockchain technology while strengthening the economy and financial system. "This is not just about making the U.S. the leader in blockchain technology, it's also recognizing that blockchain is an advanced technology and its potential benefits," Perianne Boring, founder and chair of The Digital Chamber, told FOX Business in an interview. "This technology can bring real benefits to the U.S. economic and financial system if we do this correctly." The roadmap includes a call for the enactment of the BITCOIN Act, which would establish a U.S. strategic bitcoin reserve to help shore up the federal balance sheet, as well as promote the use of stablecoins based on the U.S. dollar and create bitcoin-backed Treasury securities. Trump Vows To Make Us 'Undisputed Bitcoin Superpower And Crypto Capital Of The World' Boring and The Digital Chamber recommended that the bitcoin reserve be separated from other cryptocurrencies that President Donald Trump has suggested, including in a reserve alongside bitcoin, arguing that the crypto assets serve different functions. Read On The Fox Business App "It's important to recognize that these other cryptocurrencies, they're very different than bitcoin, they're not digital gold," Boring said. "Most of them are smart contract networks, they're an open source platform to create decentralized applications, so that's a very, very different use case than digital gold." "We're calling to separate those two things out – you have bitcoin in its own separate fund for its own separate use, where the crypto fund would be for research and development, because you need access to these cryptocurrencies to be able to innovate, build, develop on the networks," Boring said. Top Pro-crypto Group Advancing Us Policy Names New Leader The Digital Chamber added that the research and development fund would enable the use of those digital platforms to help monitor federal spending in real time and streamline other government processes. "One of the things that I've felt pretty strongly about is that government spending should be put on a blockchain, on an unalterable, 100% verifiable, publicly auditable ledger, so you can track the spending a lot more efficiently and use that to prevent fraud and abuse in the future," Boring said. "We're calling for a research and development fund where the government should be studying the benefits of blockchain infrastructure for the use of different types of government programs, and I think DOGE is a great example, but there's probably many others." Congress is expected to work on developing market structure legislation that would create and clarify regulatory frameworks for digital assets in the near future, and The Digital Chamber's roadmap highlighted three key areas to establish clarity for the industry. Senate Panel Advances Debanking Reform, First Digital Assets Bill These include establishing clear jurisdictional boundaries between the Securities and Exchange Commission and the Commodity Futures Trading Commission over digital assets; developing a self-regulatory organization for digital assets to coordinate with federal regulators; and establishing guidelines for tokenized assets in capital markets, real estate and corporate finance to spur investment and adoption. In the time since The Digital Chamber's last blockchain action plan was released in 2019, Boring said that the importance of keeping blockchain networks open source and free of censorship to promote financial freedom and decentralization is one area of digital assets policy that has emerged in importance since then. "It's really important as we're building out blockchain infrastructure that we're not jeopardizing the integrity of blockchain networks," she explained. "These are open-source, decentralized software networks. So any attempt to infringe on that open-source nature will not only jeopardize the integrity of these networks, like the security of them, but it also can infringe on the constitutional rights of Americans." "There have been attempts to try to censor blockchain networks or to put different types of regulatory and compliance obligations on the technology itself that would essentially make it illegal to use these technologies here in the U.S.," Boring said. Other components of The Digital Chamber's recommendations include protecting and fostering bitcoin mining in the U.S., which it argues helps strengthen the resiliency of the electric grid, as well as modernizing the banking system to more easily include digital article source: Digital assets group outlines blockchain policy goals
Associated Press
12-03-2025
- Business
- Associated Press
DC Blockchain Summit Announces Speaker Lineup of Industry Leaders Amid Promising Policy Climate for Blockchain and Crypto
Washington, D.C., March 12, 2025 (GLOBE NEWSWIRE) -- The Digital Chamber, the world's first and largest blockchain trade association, today announced its lineup of speakers for the 10th annual DC Blockchain Summit, the premier event for blockchain professionals, policymakers, and innovators. The Summit, occurring later this month on March 26, 2025, with Chainlink as the title sponsor, will be held in Washington's Capital Turnaround state-of-the-art event venue. This year's lineup of Summit speakers will encompass a broad spectrum of backgrounds, including blockchain pioneers, industry executives and policymakers to discuss the key areas of opportunity, considerations and friction points that need to be resolved to enable institutional engagement. Speakers include: Michael Saylor, Co-Founder and Executive Chairman, Strategy, Inc Richard Teng, CEO, Binance Paolo Ardoino, CEO, Tether Zachary Folkman, Co-Founder, World Liberty Financial U.S. Sen. Ted Cruz (R-TX) House Financial Services Committee Chair French Hill Digital Asset Subcommittee Chairman Bryan Steil CFTC Commissioner Summer Mersinger Adrienne A. Harris, Superintendent, NY Department of Financial Services Anthony Scaramucci, Founder and Managing Partner, SkyBridge Capital Caitlin Long, Founder and CEO, Custodia Bank Among many more... Speakers are announced on an ongoing basis and are subject to change. For the full and update lineup of speakers, please visit 'In the decade-long history of the DC Blockchain Summit, we have never seen a moment as pivotal as this. With the first pro-crypto President and a growing Congressional majority, the opportunity to drive meaningful blockchain adoption has never been stronger. Now is the time to align industry and policymakers to ensure the U.S. leads the world in blockchain innovation. Join us in Washington, D.C., as we shape the future of blockchain and digital assets,' said Perianne Boring, Founder and CEO, The Digital Chamber. The DC Blockchain Summit for the last decade has brought together the most influential voices leading the blockchain and digital asset ecosystem, connecting them with the nation's top policymakers and regulators for crucial discussions and conversations on key issues that will define the future of the industry and its success. This exclusive event features policymakers shaping legislation and regulations impacting blockchain development, as well as CEOs, leading companies, and investors who align with The Digital Chamber's mission to drive the industry into the future. The Digital Chamber is a Washington, D.C.-based, non-profit organization committed to promoting blockchain adoption. The Digital Chamber envisions a fair and inclusive digital and financial ecosystem where everyone has the opportunity to participate. Through targeted education, advocacy, and strategic collaborations with government and industry stakeholders, The Digital Chamber drives innovation and shapes policies that create a favorable environment for the blockchain technology ecosystem. For more information visit
