Congressional Blockchain Caucus

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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]

Contents

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

Members

Congressional Blockchain Caucus in the 117th United States Congress Congressional Blockchain Caucus in the 117th Congress.svg
Congressional Blockchain Caucus in the 117th United States Congress

See also

References

  1. ↑ "Congressional Blockchain Caucus - Summary from LegiStorm". www.legistorm.com. Retrieved October 16, 2021.
  2. ↑ Jordan, Chuck (February 8, 2021). "Congress has only begun its study of financial technologies". TheHill. Retrieved October 16, 2021.
  3. ↑ "Congressional Blockchain Caucus". Congressional Blockchain Caucus. Retrieved October 16, 2021.
  4. ↑ "Seven U.S. Members of Congress Urge Administration to Support Blockchain Technology". Chamber of Digital Commerce. May 29, 2019. Retrieved October 16, 2021.
  5. ↑ "Soto, Davidson Reintroduce Token Taxonomy Act". Congressman Darren Soto. March 10, 2021. Retrieved October 16, 2021.
  6. ↑ "Waters Announces Digital Assets Working Group". Financial Services Committee. June 16, 2021. Retrieved October 16, 2021.
  7. ↑ "- EXAMINING FACEBOOK'S PROPOSED CRYPTOCURRENCY AND ITS IMPACT ON CONSUMERS, INVESTORS, AND THE AMERICAN FINANCIAL SYSTEM". www.govinfo.gov. Retrieved October 16, 2021.
  8. ↑ "Darren Soto to lead congressional 'Blockchain Caucus'". Florida Politics . January 28, 2019. Retrieved October 16, 2021.
  9. ↑ "Congressional Blockchain Caucus". Congressional Blockchain Caucus. Retrieved October 16, 2021.
  10. ↑ "Evangelizing Blockchain to the US Congress". Orbs. Retrieved October 16, 2021.
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