Blockchain trade association is getting shortlisted by banking, payment, and political leaders

Ritika Sharma
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.
  • The Blockchain Trade Association Chamber of Digital Commerce aims to boost the acceptance and use of digital assets
  • Mick Mulvaney is joining the board of Blockchain Trade Association Chamber of Digital Commerce

The blockchain world is abuzz with the news that former White House senior staff Mick Mulvaney joining the board of Blockchain Trade Association Chamber of Digital Commerce. Mulvaney was instrumental in forming the Congressional Blockchain Caucus when he was at the office from 2011 to 2017. The Blockchain Trade Association Chamber of Digital Commerce has some of the big corporates as its members such as Citi, Deloitte, Discover, Goldman Sachs, etc.

The Blockchain Trade Association Chamber of Digital Commerce aims to boost the acceptance and use of digital assets and blockchain-based technologies. Through education, advocacy, and working closely with policymakers, regulatory agencies, and industries, their goal is to develop an environment that fosters innovation, jobs, and investment. This chamber is working to enlighten the policymakers and advocate for clarity in the U.S.

Expressing his happiness on becoming one of the board of advisors, Mulvaney said that the excited team members coming on board as the Chamber has been one of the important voices advocating the adoption of blockchain technologies at the Hill and he is looking forward to working with the group of passionate people on blockchain.

Why Mulvaney is good for this position?

As he has served as the head of the Consumer Financial Bureau, and it’s not his first step in the world of cryptocurrency and blockchain policy, he also is the co-founder of the congressional blockchain caucus. He is an experienced legislator which is too valuable as he can help to navigate congress, which is a very complicated organisation to work with. He can also understand how regulators could be looking at such technology.

He will be joining a number of figures including Don Tapscott of the blockchain research institute and former Commodity Futures Trading Commission (CFTC) chairman Christopher Giancarlo who is recently a partner with Accenture to create the Digital Dollar Project.

Perianne Boring the Founder and President of the Chamber of Digital Commerce, highlighted in one of her statements that they strongly believe that one of the most effective forms of advocacy for the government is to utilize and implement blockchain technology and to give exposure on the benefits.

Jerry Brito also praised Mulvaney for his view point on the subject, and said that Congressional Conventions are too important for unanimous members of the congress to work well-organized for the common policies and goals.

In one of the statements of Mulvaney, he mentioned that he believes US’s advancement of blockchain development and policy is crucial for the continued success as a global leader in technological evolution.

Blockchain and cryptocurrencies education has taken major steps as both congress and crypto industry unveils the scheme to strengthen awareness and to advance the ideas that foster growth and guards the consumers.

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