CHICAGO July 19, 2014 — The digital currency and digital asset communities have come together to form the industry’s first trade association, the Chamber of Digital Commerce. Opening its doors today in the nation’s capital and officially announced at the National Bitcoin Conference in Chicago, the “Digital Chamber” is embarking on a bold mission to promote among lawmakers and the larger public the industry’s goals and its potential to innovate global finance.
“Digital currencies and assets, such as Bitcoin, have captured the imagination of Silicon Valley and technology innovators around the globe,” says Perianne Boring, founder and CEO of the Digital Chamber. “Digital assets will soon be as important as email, Web browsing, and e-commerce. We are here to educate policymakers and consumers about how this new technology and asset class will improve the economy and access to financial services.”
The digital currency industry has an estimated value of $8 billion. Experts expect this to grow to over $1 trillion within six years. The Digital Chamber will be the authoritative source for legislators, regulators, policy makers, and the public to obtain accurate information about digital assets and currencies. It will also facilitate the adoption of responsible, prudent legislation and regulation, which will help support the vitality of the industry.
As an authoritative voice for the industry, the Digital Chamber will:
· Promote understanding of the value of digital currencies and assets, and the use of these innovative services and payment mechanisms. Targets will be lawmakers and their staff members, along with all federal agencies, including the U.S. Securities and Exchange Commission, Department of Justice, Department of Treasury and Consumer Financial Protection Bureau.
· Educate the public on how digital currencies work, and their value and benefits to consumers. Contribute to the international dialog around digital currencies, including clearing up prevalent misconceptions concerning the industry and provide experts to the national media for news, analysis and data.
· Perform polling and produce expert commentary on all aspects of digital currencies, providing real time information to the general public.
About the Chamber of Digital Commerce
The “Digital Chamber” is the first D.C.-based non-profit, trade association dedicated to promoting the acceptance and use of digital currencies.